Botswana
US100we are currently in a downtrend in 4 hour timeframe ..within that range the price is still on the discount level so we will be looking for buying chances to the premium side..and thats when we will be looking for a sell there to continue with the downtrend
Us100um expecting us100 to fall to the downside..if the price break structure on the downside on the weekly timeframe then we will be confident enough to take selling trades..cz we will be in a downtrend ...again we are in the premium side of the monthly range and we sell at premium and buy at discount
Bullish 10p & 16.66p target - H&S - RSI strongExtremely bullish here as progress is being made within the company.
Please watch latest interview with Tony Gilby at Proactive investors.
A very strong Q2 coming with newsflow!
We have an H&S pattern and are within a range at moment 5.36p-6.34p so once that breaks then momentum will come.
RSI seems stronger even at this levels which proves there is some volume buying
10p is a solid target for a good slice but ultimately 16.66p is the best one. after that long term as gas flows & revenue increases then this could become a major company with over £100m £300m mcap +
$MOD Resources potential break out tradeASX listed MOD resources are developing a large copper project in in the Kalahari copper belt of Botswana in partnership with AIM listed Metal Tiger AIM.MTR
Chart has seen a long consolidation zone around the 6c mark with recent volume entering at the long term trend line, suggesting a break out is likely to occur in the near term. This aligns with potential resource expansion from the companies T3 copper project. Should volume continue to enter and break out to the top side of he triangle then the chart gives a target of $0.105.
Copper price in blue on chart has seen significant growth over the consolidation period and does not yet appear to have been priced in by the market