Urbas seems to have hit the key. The company has shot up again this Friday, with a rise of 23.13%, and accumulates a revaluation of 150% in the last three sessions, after entering the mining business offering an alternative to Berkeley to invest in this sector.
Urbas's entry into the world of mining occurred after the purchase of an open-pit mine in Silán, a town located in the province of Lugo.
The technical analyst of Bolsamanía, J.M. Rodríguez, warned this Thursday of something that ended up being fulfilled: the confirmation of a great double bottom in the title, which presents an important resistance at 0.01 euros per share. "Since the end of 2018 there have been numerous attempts to leave this zone of resistance behind", remember.
Only if it is confirmed, with ease, "we can think of a movement towards the zone of 0.03 euros with the clear permission of the intermediate resistance that we have at 0.015 euros: the bearish guideline that joins the decreasing maximums since the end of 2013 ", Rodríguez adds.