Further insight into fortune minerals all-time bearish posture. Incase you don’t follow my past posts, I believe FT is about to enter a new bull run. Technically, this is so. Fundamentally, the ft mine just partnered with rio, and this is due to government monies directing them to do so. It’s very good news for ft team, who seemed to be at a standstill and not able to secure funding, but clearly they have now received funding, and have been identified by the North American governments as a key cobalt, gold, bismuth player. Regarding the linear chart that I present here, we can see it’s not going below $0. Next up, it “should” pop up to meet “all-time” linear overhead resistance. You decide when to buy. I’ve been buying every share under three U.S. cents for the last six months
Note
We have now popped up to the linear overhead, and the price is hovering around 6 to 7 US cents. That’s brilliant. I’m back in the black with long term cap gains. Any lift off from here puts one dollar into view. At least you’re asking yourself if one dollar is possible. And so fomo kicks in
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.