The stock already made an ATH breakout and now is in momentum. Its underlying commodity iron ore prices holding firm and even rising.
The bigger trigger would be if they get environment approval for expansion of their mining operations.
Technically a wedge pop could happen as early as tomorrow (Monday)
Long above 2118.
SL Below 2090. (or ideally 5-7% lower than cost)
Target 2500.
The bigger trigger would be if they get environment approval for expansion of their mining operations.
Technically a wedge pop could happen as early as tomorrow (Monday)
Long above 2118.
SL Below 2090. (or ideally 5-7% lower than cost)
Target 2500.
