XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Week Starting: 4 Mar, page-23

  1. 3,878 Posts.
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    STTCOMP BMG TA LONG
    BMG Resources $5m MC
    Popped up on the Signs Of Life over the weekend. Very, very early lithium brines explorer in South America.
    GLN Is tearing up the joint, and after a huge day today, is ready to announce further drill results. I think GLN is close to a CR, and I don't like chasing a runner, so I'll have to pass on that one. I'm hoping, however, that BMG might get caught up in a bit of South American Lithium Fever.
    Just completed a CR and no drilling for a little while, so there's nothing to drive it except nearology hype and excitement.

    First it broke out of a downtrend.
    Then it broke through resistance at 0.01.
    Finally it's got a golden cross … all on growing volume.

    I reckon it's a nice bit of fluff.

    https://hotcopper.com.au/data/attachments/1459/1459141-869459aa79f853e9cfafa786e5dec3a4.jpg



 
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