Arafura Resources Limited is an Australian mineral exploration company focusing on rare earth elements. With it's headquarters in Perth, Western Australia it is s listed on the ASE.
The company's flagship project is the Nolans Rare Earths Project, located in Australia's Northern Territory.
After retracing down to 61.8% fib zone & testing the $0.16c level twice, price is breaking out of the wedge. A break & close above $0.21c will set it off. It pays to be patient & trade with a better signal. Trade off is slightly lower profits but a higher chance of success
The company's flagship project is the Nolans Rare Earths Project, located in Australia's Northern Territory.
After retracing down to 61.8% fib zone & testing the $0.16c level twice, price is breaking out of the wedge. A break & close above $0.21c will set it off. It pays to be patient & trade with a better signal. Trade off is slightly lower profits but a higher chance of success