From a trend perspective, $16.-To The Moon - Tiger Brokers Online Investing Community - To The Moon

From a trend perspective, $16.5 needs to hold. The secondary indicators are not favourable and the likelihood of a reversal in trend is high. The volume is also low, indicating that the speculators have moved on. In the short term, if there’s no further news to excite the market, CRML might indeed be consolidating or even correct its pricing.
On the commercial front, the company has completed all its off take deals (100%), so there’s no more deals to make on this front. The only progress it could show is from its continued exploration success and pilot plant development. The surprise (good or bad but beyond its control) for this company is always Trump and its government’s interest in either Greenland 🇬🇱 or the miner itself.
Need another week or so to see the trend flow…

@Daniel McCoy：$CRITICAL METALS CORPORATION(CRML)$ What's happening now? Will we be seeing above 20 again? Or will it go down all the way back to where it came from? Please share your thoughts

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Comments

Ah_Meng
01-30
Ah_Meng
Correction… and Trump would like to see it if the US government likes to take a stake… Trump always like to be seen to take advantage of situation like buying in low…
thinorfat
01-29
thinorfat
Volume's dead, mate. Consolidation on the cards. [惊讶]

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Consolidation on the cards. [惊讶]","text":"Volume's dead, mate. Consolidation on the cards. [惊讶]","html":"Volume's dead, mate. Consolidation on the cards. [惊讶]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/526734084863456"}