AIC Mines Limited
Long
Updated

Potential outside week and bullish potential for A1M

36
Entry conditions:
(i) higher share price for A1M above the level of the inside week following the potential outside week noted on 17th October (i.e.: above the level of $0.47).

Stop loss for the trade would be:
(i) below the low of the inside week on 22nd October (i.e.: below $0.415), should the trade activate.
Trade active
UPDATE (week ending 31-Oct): Trade activated on 31st October with the share price trading above the level of the inside week following the formation of the potential outside week, as shown in the chart above, on decent volume. The share price ended up trading above both 10 and 30 day moving averages at the end of the trading week.

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