LeLaf

CMMC.CA : Bull Flag (35%), Bull Flag (147%)

לונג
TSX:CMMC   None
CMMA is a copper mining company with continued uptrend potential. Current inflation in all material prices and low availability will add to this upward momentum.

Left hand side graph shows a bullish flag, not confirmed, on the daily with a possible total gain of 35% for a price target of 5.19 CAD$.
Top right graph shows another flag, this one confirmed, on the weekly chart with a possible gain of 147% for a price target of 7.83$.

Both graphs are showing same flag paterns and bullish momentum.

Finally, the industry sector (Material) chart (bottom right graph) has broken through the 550$ resistance (red line). This makes an even broader statement into a bullish trend for the materials industry, increasing the chances of CMMC continuing this bullish trend.

Stay humble, have fun, make money!
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