Highcliff Metals Corp V.HCM.H

new base

[tomdog]

Price has been falling back lately while we wait for news, but take a look at the chart. Appears to be forming a new base at a much higher level than the old one. The chart is forming a flag pattern as gains are being consolidated. We are drifting lower but on lower volume which shows that the sellers are not motivated and lack conviction--just crystalizing some profits. Buyers are slowly cherry-picking. There's no rush to buy as it will probably be a couple of weeks or more before the next great release. I bet that when this takes off again, it will break out to new highs, and then probably flag back to a new base around the .55-.60 level for awhile. Long-term target... $2-5.00 Any other opinions out there?