Andrea Resources Trend Line Trade

Andrea are currently teetering on the long term support of the key trend line. With adequate cashflow and upcoming news flow from the PFS I am expecting to see a bounce from this key support over the coming weeks

Target entry is $1.235 with target exit at $1.545 giving a 25% upside on a successful move with RR of 1.94 considering stops at 1.075

Andrea are developingg cobolt, nickel and scandium project and claim to have the largest cobolt resource in the developed world