Empire Metals - EEE

eee - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...P90Jn1XWsruGbOqhmCg=

Hi Folks! thought i'd kick things off with the first chart for 2026!
This suddenly looks quite tasty now.
Second higher high after the ruthless big pull back! The second higher high is usually good signal of the rally being the real deal.
Nothing stopping this heading to 60p area now imvho. While 42p holds.
What happens there is the big question?
I would guess we get a consolidation p/b that's brings us back down to retest the low 40's?

Lets see! lol. who's selling just yet anyway to worry too much about that!
Yeah thinking 60p then consolidation. Lets see.

atb, wdik, dyor, and happy new all!
trendfriend

eee - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...QHPeRwa2PKThEQPv8%3D

nice bullish divergence on the rsi.
bounce incoming as long as that rsi support holds...which looks more likely.
This bounce may not be the real deal...but it should happen imvho..the technicals look ok, support at 30p area held 200 day ema held etc.
will post this on the lse group! wish me luck!

atb, wdik, dyor.
trendfriend

My numbers of moving averages was incorrect, ProReal Time software had updated and for some odd reason the 100 and 200 moving averages on all my charts had defaulted to simple moving average...I have just changed them back to Exponential MA's

I think we are on the same page with target, 110p was my first take profit target, which is why I held off the selling trigger when it spiked pre MRE.

This one has all the hallmarks of a real difference maker. May the gods smile on our bravery (or foolishness )

Hi Ademcg,

Hope your keeping well!?
Sorry i didn't see your posts here until very late on Friday evening.
I too haven't sold any shares...i have added also at 30p....some on the last dip after the first rally and some on this drop...
I have a target of 110/115p and at this moment my intention is to sell if we get to that area.
Like yourself i don't know if im right or wrong not sell! Guess time will tell.

eee - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...ccVv%2FYyMYA6EPoE%3D

A nice hammer candle on Friday...my advfn chart shows the 200 day at 30p. Your chart/numbers may be more accurate.
Either way it held above the key 30p level and avoided a weekly close below.

A rsi breakout looks likely on Monday...this needs to get back above the 50 level on the rsi and get above the 20 and 50 day ema line to confirm a trend change imvho..

Lets see and good luck.
atb, wdik, dyor,
trendfriend

I also stuck to my convictions, as Remo would say, only purchase on support.
So, rightly or wrongly (depends on how my charting skills actually are and the ability for me to correctly ID supports) I put my money where my brain and mouth were and purchased more at:

Added at 30p (missed the actual target of 29.7p e.g. the previous gap)

Added 27.7p (weekly 50MA)

And then the thing turned, higher highs and higher lows on smaller timeframes and even turned blue EOD

It touched the 200d MA too (26.1p) so it looks like that was a shorting target and its turned.
I guess forming a hammmer on the chart (will have to wait for ProRealtime to update to check)

Fingers crossed

Hey TF, a quick reply on this one...I didn't sell at the highs, (I know I am stupid) and the dips have turned into violent troughs, but i think this is way oversold now and with the 29.7p gap kinda filled I hope it bounces soon.

Failing this I have the following points,
Weekly 50 MA 27.4p
Daily 200 MA 25.0p (ish)

If these fail to hold then I am out with my money !!