#ECR #ecrminerals - Entering area sig area of support againEntering area sig area of support again awaiting:
- Announcement of new CEO
- Drilling commencing at Creswick and other sites
News imminent, once it breaks, get ready for 2p+
ECR trade ideas
#ECR #ecrminerals – has it found the bottom?Finally some positive news post since Craig Brown stepped down
25% stake in Cordillera Tiger finally formalised after 5 year delay
Up 6% today, push for a run up to ’22 now with liquidity finally coming back to AIM
Potential RSI break - 20ma 50ma cross -1.4p target #mfchartRSI giving an early signal of a potential good move to come next week.
All determined by end of the day but so far its looking good.
Some good news as of late announced and more drill results to come.
Great BoD and patience needed as it is a gold explorer but grades seem very good so far.
Low mcap so plenty of potential
Expose wisely.
I don't hold but like the company.
ECR Minerals Cup and HandleECR looks like it's showing a cup and handle chart pattern. Look for the price target 1,220 which show some signs of previous reistance.
Unbiased view - BULLISH - above 20ma weekly not since June 2017Above the 20ma weekly and if 50ma weekly is broken get ready for a big move.
Unbiased view as I'm not holding but see a tremendous upside from this levels.
It might take a few days/week but anything close to the T-line (8 EMA white line) & 20ma (orange) is a good price
