It has been consolidating for weeks now, some dumping but always absorbed by buyers that still believe in the stock. Iron ore price is stabilising... another rate cut is imminent. Means, another Santa Clause rally is on horizon. The stock (including mining serv sectors) is poised for short term breakout anytime soon.. In current situation I value this one conservatively @0.27 target. That's all....
It has been consolidating for weeks now, some dumping but always...
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