MACD above 0 and 200-day moving average trend sloping upwards. Decent volume last 2 weeks. Sell side is thin. Looks likely SP will hold 20c and climb up.
I think SP rise is on the back of several events: - Stronger copper prices - Anticipation of EPA Approval - estimated latest by end of next month - Finance and copper off-take - advanced stages or so they claim? - Corporate transaction of peers (G1A / MOD)
Never know why SPP had shortfall. Really should have cut some losers and gone harder for the excess instead of just $15K.
VXR Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
