As the name does not indicate, OTC:AABB is a base metal and precious metal player. Technically, the stock is in an initial breakout stage on the weekly / monthly time scales. Fundamentally, the PER is 0.35 by 2020 year's end and presently 1.35 with strongly improving net profits. On the medium term the stock is at least a 5-bagger, potentially a 10-bagger. I went long at $0.017 yesterday (Friday, 22 Jan 2021). On the short term there is a possibility for the stock price to drop to 0.012 - 0.013 (on top of the white arrow) at which price I will double down if this happens.
I most definitely agree this is undervalued. I think it isn't a matter IF but a matter of WHEN this corrects to an upward trend. Do you feel like it could cross lower then .012-.013?
ChartsAndTrends
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@tbuck222, What I will be carefully paying attention to is the possibiity for the stock price to test the converging zone of the lower Boll and the MA50 on the daily scale, if it ever gets there.
tbuck222
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@ChartsAndTrends, I think with the news of self funding 10 million to the initial development of the Mexico Gold Mine will keep this from falling any more now.
ChartsAndTrends
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@tbuck222, I did not even check the news. Looking at the technicals and the financials was enough to convince me and tell some of my family members to invest in this.
Anyways positive news are the icing on the cake.
kajunwilly
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Any idea on a target price
ChartsAndTrends
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@kajunwilly as the stock price has more than exceeded my max price target I have already closed 30% of my position. I have no farther price objective but it seems that 1 $ could be reachable.