Heliostar - Rising channel

In a long position here, So I may be biased. That said the company acquired the Ana Paula Gold mine in March 2023, looking at the volume data before and after this event, it has generated much needed liquidity. On or around the 28th February 2024, many Gold Miners turned positive and moved into uptrends. If you look at my chart, Heliostar also follows the same path from its bottom at 18c on or around the 18th February.

Both in the daily & weekly chart, the rising channel has been respected. Please DYOR.


Significant infill drilling to the Ana Paula asset, Recent debt funding announced to progress this to the producing mine stage.

Would appreciate any feedback.


Cheers


Trend Analysis

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