Sokomon breakoutLooks like a pretty clear break above the previous trading channel. Good gold play!Longby M_Devine0
Bulls vs Bears on SIC after a breakoutAfter a breakout an a nice move to the upside the bulls and bears are battling at the top. Looks to move sideways for a bit until one wins out. Ultimately I think the bears win out for a short period as the breakout was due to a news article. Price should eventually challenge to fill the gap created at the .22 mark. This all of course without added company news. Good time to take profits if you haven't yet, wait for the pullback and accumulate.by LiveDog60
To Da MoonSokoman Minerals is silently sliding above a HIGH volume node... which take off ANY moment. Ninja.Longby Badcharts3
SIC - Bullish$SIC - Really really like what is going on here. Big descending wedge pattern that bounced off of long term trend and support. Ascending triangle forming after breaking out of the wedge and trading a little sideways on back-test. Really like this setup. Liquidity a problem but heavy volume and she moves!Longby dafster174
TA LongOverall 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.Longby utopiafusionUpdated 3
Phase 2 exploration October 1stPhase 2 exploration begins October 1st, and the speculative interest will be increasing. After trading down on relatively unsurprising news about the drilling done on the western trend, we are setting up for a speculative rally for Phase 2 drilling at the eastern trend at Moosehead. The 10,000m Phase 2 drilling program will test the area on the eastern trend, where MH18-01 gave the intercept of 11m of 44g/t gold and consequently gave Sokoman Iron Corp some TSXV:SIC ridiculous trading volume and a rapid 1000% increase in share price. This is an easily accessible area in New Foundland, screaming for mining jobs. While we are far from delineating an actual mineable resource, we are also at a very small market cap where a lot of the hype investors have sold off, and more patient long-term investors have grabbed shares. On the technicals, we seem to have touched a bottom twice at 0.15 and 0.145. With an imminent catalyst coming up - 10,000 meters of drilling at the highly prospective eastern trend - there will be serious speculative interest the coming weeks. Confirmation of the mineralization from MH18-01 meanwhile can take us far beyond what we have seen earlier. Remeber this is exploration, results are not guaranteed, but speculative interest is definitely going to pick up. Suggested trade before drill results: 0.15-0.23 BUY 0.25-0.40 SELL And keep some shares for the assay results in October, that's where it can get really interesting for SIC.Longby ChristianSeger444
SIC Gap We are all hoping this gap gets filled today .....after a 38% gain yesterday, anything is possible. Longby MICHAELGILCHRISTUpdated 1
Long SICAccording to fib fan SIC could be at its bottom after 28M warrants being fully exercised. They hit very high grade gold with Sprott backing them for millions. Potential 5-10 bagger from these levels...Longby ubuuntu331
Sokoman Iron, at a great buying point-Completed full Elliott wave impulse and correction following strong fundamental -Followed by a bearish Head and Shoulders pattern resulting in negative price action -Fundamental (strong news - but interpreted poorly by market participants) resulting in panic sell over past 2 days. Price action preceded fundamental -RSI oversold on hourly - reversal imminent pending volume -Strong volume buying in morning hours after gap down - market is resistant -Low volume selling after gap down - reversal imminent -Support lies at .175 (23.6% fibonacci level) - Overhead resistance at .24-.255 (gap) and .30 (Head and Shoulders neckline) And of course, the most important indicator - bears are cocky and bulls are being chastised :) Longby UnknownUnicorn21225781
Quite a buzz ...will closing of PP have an effect on SPQuite a buzz ...will closing of PP have an effect on SP or will we continue in the $0.33 - $0.43 price channel until more news? I don't mind either way ..Just curious TSXV:SICLongby MICHAELGILCHRISTUpdated 2