CNMC Goldmine after hitting the high of 56 cents on 11th August 2016 it is now taking breather /pause . It is generally quite healthy for a uptrend stock to take a break/pause before continue to resume heading higher.
One consolation point to take note is that the volume for the past few days is low. This is a healthy sign and may likely see the share price continue to trend higher.
Macd is still rising and may provide further indication that the share price may continue to head higher.
Short term wise I think it may head higher to re-visit the recent high of 56 cents. Breaking out of 56 cents with good volume that may propel to drive the share price higher towards 61 cents and then 65 cents with extension to 70 cents and above.
( trade base on your own decision)
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