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snowmanMTU

01/25/21 1:35 PM

#2679 RE: GM5 #2678

Remember when it was USD 1.10 and then they got permits approved and it dropped? Then they got their well field going and it dropped? Then COVID happened putting copper supply chains in question around the planet and it went down to 0.30 (and I bought) and then slowly climbed back up to now where it's stabilized?

This stock has never behaved like I'd think. Then you have other stocks that jump 200% based on a tweet :)
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W_vdm

01/26/21 4:11 AM

#2682 RE: GM5 #2678

There is nothing special going on to be worried about.

daily chart - 1y range

Chart is rangebound between $1.19 - $1.03. Consolidation of last month (and a half) allowed the RSI to drop from overbought territory and allowed the 50 MA to catch up, providing support and a base to move up further.

The fundamental story is great, otherwise most wouldn't be here. The technical image is great. 1+1 =3. Patience.