$VML - on 200 Moving Average #ASX #REE #VML Vital Metals
EOFY has seen relentless selling.
Bearish however depending on other indicators and market sentiment could see further weakening.
Holders are waiting on news of ore sorter and production, possible offtake arrangements.
Fundamentals have not changed. A medium to long term HOLD at least during this period of consolidation.
Rare Earths is a sector that will pick up so all hope is not lost. Recovery could be swift.
Bearish however depending on other indicators and market sentiment could see further weakening.
Holders are waiting on news of ore sorter and production, possible offtake arrangements.
Fundamentals have not changed. A medium to long term HOLD at least during this period of consolidation.
Rare Earths is a sector that will pick up so all hope is not lost. Recovery could be swift.
Dagangan aktif
A nice reversal here on volume following the FY end.This is looking to continue upwards and therefore sentiment changed to NEUTRAL with a LONG bias.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.