Michaeljob

$MOD Resources potential break out trade

做多
ASX:MOD   None
ASX 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

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。