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As of today's close..............
Some solid looking support moving in as opposed to the asks which appear as of this post to be traders who have a different perspective to the outcome of this... they can be heavy, but it seems they are thinning out... this is technically an area of resistance when studied on a chart. On Level II which is contrary... If looks are accurate they be watching the bus leave....
Level II is suggesting we are shuffling up... if we were to drop on huge volume under .80 cents I would get shaky... so between .80 and .86 cents is a decent place to control risk... the chart link below is an accumulation trend spotter study... check out the volume... it has been in a downtrend, but is attempting to beak into a new trend up... the volume has been decent and absorbed the back fill...
Bannerman Resources
This is not a chart for taking position but, is an assessment of the type of position potential strategy one may consider... I have been talking Banner since .50 cents and think it is in position to make a move to 1.20 at least and potentially higher over time...
GLTA Lostoutwest
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