Fat prophets stopped out on the breakdown thru 33 but it overshot their base target 25 cos of subsequent issue announcement at lower price. Now we are up thru their base again with cash in hand and soon to drill. So that 33 stop level now seems the obvious first swing target. But reckon it then starts to get exciting when thru another old pivot around 42-45 where them who took up issue sit on 100%. Expect plenty of volume around that level. Can accelerate right thru on a decent drill hit on the right product mix tho.
IMBOOC
NIP Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held