Sky Metals. ASX Gold, Copper. Longer hold 50x possible

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Sky Metals. ASX Gold, Copper. Longer hold 50x possible Sky Metals LimitedASX:SKYMusicalNightzMany Aussie miners have been beaten down since Covid. They are tied to China’s reliance on raw materials and this company traded at $4 in 2007 and was in a bullish cup on the monthly chart and a bearish order block printed. Bell Potter has a near term price of 12 cents currently at 8 cents. This weekly chart is a golden cross setup and price has recently retraced into a nice setup that sits on an order block. Institutions obviously have this in their sites to Buy and id say they are waiting on confirmation of the bull market for Aussie miners. Watch out for this to breakout with AUDUSD over the coming weeks.,buy OZE side. Possibly 15 to 20 % gains in Buy AUDUSD with China coming back online and talk of an interest rate increase in Australia in about 2nd quarter. They are a miner of gold and copper and their debt is only 10% of cash in the bank.