TA Long
Updated
Overall bull trend not breached, technical analysis points to strong rally for seasonal mining stocks in January-March trading sessions while markets plummet and metals (gold, silver, etc.) rally.
Bullish flag forming, waiting for short-term target breaching 0.17 fibonacci resistance level.
Bullish flag forming, waiting for short-term target breaching 0.17 fibonacci resistance level.
Trade active
Next resistance target 0.17Note
0.17 target reached, next target 0.21.If we can breach 0.21, there is little to no volume resistance to 0.31.
Short to mid-term I see price consolidating around 0.21 and then shooting up to 0.31 and possibly correcting back down to 0.21 for a bit before we see the final push up.
This is technical analysis only, fundamentals may cause price to drop or rise violently.
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