Tag: $CRML

$CRML long

Had news catalyst pre market and was breaking higher on big volume, entered on break of opening 3m bar, with SL set just below opening gap lows.

You can see it filled its opening gap & then took off for the rest of the day to close +25%.

I got stopped out at 11.75 and missed the big move.

Looking above you can see gap filled and a high vol bar, this is where it reversed and never looked back.

Looking at the chart now I can see I bought it when it was above the upper BB so I should have expected to come back in.  Dont enter a trade when above upper BB, some times you might miss it but plenty of other opportunities.  Also if something I think is a long but its gap filling keep an eye on it to see if it takes off after the gap fill like the above.

$CRML long

Showed up in EP1 & EP4 scans on Friday. Entered long as a 9 million EP.

Catalyst:

“Critical Metals boosted its ownership in the Tanbreez rare earth project to 92.5% after acquiring the remaining 50.5% interest it didn’t already own from Rimbal Pty Ltd. Benzinga Critically, the Government of Greenland approved the transfer — which is what really moved the needle, as it cleared the major regulatory hurdle and gave CRML nearly total strategic and operational autonomy over one of the planet’s premier heavy rare-earth deposits. “

“CRML closed Friday at $12.56, up 35.49%, with trading volume reaching 72.8 million shares — about 427% above its three-month average. “