Cheaspeake Gold Corp. has done a long period of consolidation.
Since August 2020 shareholders have seen descending prices. But - it seems, that most of them have lot of patience.
Various breakouts are done - missing only break-out of slow stochastic.
As normal, a sharp break-out of a descending Wedge is normal, as a correction afterward maybe back to breakout line.
All in all: great opportunity to reach 5, then 7 followed bei 10 CAD/Per Share.
21/05/24 Dan
Since August 2020 shareholders have seen descending prices. But - it seems, that most of them have lot of patience.
Various breakouts are done - missing only break-out of slow stochastic.
As normal, a sharp break-out of a descending Wedge is normal, as a correction afterward maybe back to breakout line.
All in all: great opportunity to reach 5, then 7 followed bei 10 CAD/Per Share.
21/05/24 Dan
