First Higher High Since 2011. (LODE)
I will be trying to get a fill around 65 cents as that is the high of the previous impulse in this massive downward channel.
As of now it looks as it could be a double bottom with strong buys from the 30 cents range.
I am attacking at the top of the channel and this can be a risky move. Comstock announced positive income for second quarter which is a bonus.
If broke 65 cents than I would look to play at the lows around 30 cents for a long term hold.
A breakout of this channel would be a strong sign.
As of now it looks as it could be a double bottom with strong buys from the 30 cents range.
I am attacking at the top of the channel and this can be a risky move. Comstock announced positive income for second quarter which is a bonus.
If broke 65 cents than I would look to play at the lows around 30 cents for a long term hold.
A breakout of this channel would be a strong sign.
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