Brixton Metals…
Based on the the weekly Ichimoku cloud, it’s do or die time for Brixton metals over the next 4 weeks. It needs to get back over .23 by the week of February 8. If it fails to do that, it is going to be range bound or worse until the second half of 2021–meaning it won’t get any higher than .23 between now and late 2021.
It is oversold in terms of weekly stochastics and the MACD is about to go negative. This sets the table for a major low to be made in the next couple of weeks. The question is, can Brixton make the most of it?
The next few weeks of trading should be pretty crazy across the sector.
Thanks for this update, Sir Nautilus.
IMHO, and in hindsight, I again missed a partial-profit taking opportunity in BBBXX in the 25 cents area.