Bullboard - Stock Discussion Forum Power Metals Corp V.PWM

Alternate Symbol(s): PWRMF

Metals & Mining Industrial Metals & Minerals

Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists... see more

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TSXV:PWM - Post Discussion

Power Metals Corp > .77 Target

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Post by Livetotrade on Aug 02, 2023 9:33am

.77 Target

Two possibilities for the chart now for me:

1) Completed a double bottom pattern off the .57 high and the two tests of .40 area and old resistance. That is essentially complete now and a break over .46 sets direction toward .77 as the next target.

2) Cup and Handle still in formation and stock is range bound a few more weeks between .37-.50.

I like option one best but both are solid patterns pointing to an uptrend continuing.

Not a lot of time to buy now.

Glta

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