SHN 4.55% 1.1¢ sunshine metals limited

I am not in yet, and looking at the chart it has ceratinly...

  1. 1,118 Posts.
    I am not in yet, and looking at the chart it has ceratinly spiked a bit over the last few weeks.

    I acknowledge the announcements and huge potential here... but in my experience... don't the technicals always win out, and at some stage a retrace will occur?

    Perhaps in 6 months... the difference between getting in at 13c and 17c will be less than 2% of the SP... but at this stage it would seem important given that the "deal" is NOT actually signed yet.

    In light of that little brain-flow... do holders consider a retrace is coming, or is the possibility of "signed" agreement before the end of May going to hold the price up at current levels?

    TIA,

    MisterMoon
 
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