Great day, here's an update of my chart followed by some comments.
1. The black horizontal line shows the previous support and resistance (4.8c).
2. The diagonal blue lines show the downward trend channel which we entered after breaking that 4.8 support.
3. We should of bounced off 2.8 and dropped back down into the downward trend, considering we managed to close at 2.9c I would say there's a strong chance of a break-out starting tomorrow. If we close below 2.8c tomorrow then we will be back into the downward trend.
All we need is a positive announcement in regard to drill results to drive this thing and the next stop is 4.8c at the previous support/resistance level. Cmon Management, come through for us.
4CE Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held