why haven't derisk since breakout – 0.20p resistance
EUROPA METALS LTD ORD NPV (DI) LSE:EUZ
Yes RSI is overbought & stochastic is overbought but feel that price action & news being so close we might have a spike to the resistance level quite possibly on the day when the scoping study RNS comes out.
We might have smaller dips but I think there is high demand in this stock, similar situation to PRD but this one has more emminent catalyst to show economics of the asset.
I have derisked a little at 0.115p before a breakout was confirmed.
Happy holding here a little longer for bigger profits now.