One of my favourite formations... An Bullish Ascending Triangle which is a continuation pattern usually occurring after a large run up in price. The duration of this pattern can take several months to form and this is exactly what we've been seeing here with Great Western Minerals. But we are getting close to the apex of the triangle and worth looking at now. The breakout will occur with high volume. An entry here at $0.42 should get you my first target, which is the next resistance, of $0.50 on this one for gains of 19%. The following target if it breaks the psychological barrier at $0.50, would be at $0.55 then $0.60.

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Cheers!