I Dont know how to explain it in text format, but its part of charting. But in simple when the bollinger bands squeeze, the most likely outcome is a break in sp. Dependent on momentum/news can be a big increase or a decrease. When I look at the graph, these bands are beggining to squeeze slowly meaning we are slowly expecting something to happen as the bearish momentum is becoming more and more bullish now. Looks like we can start seeing 1.2-1.3c soon hopefully
Could be news for the resource estimate. Maybe, hopefully. Good time to let it ride.
LRS Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held