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ALY Bullish Descending Wedge, Assays due = large BO?

Long
ALCHEMY RESOURCES LIMITED (ASX:ALY)  
pimpfreud Updated   
ASX:ALY   ALCHEMY RESOURCES LIMITED
Trend Analysis Chart Patterns Technical Indicators Gold explorer wedgebreakout
3
0
trendanalysis chartpattern indicator gold explorer wedgebreakout
MMAR beginning to compress, which signals a large movement is due - signals are going green for an upward jump. RSI in the oversold territory confirms this. The lab gold assays to be returned within a 1-2 week range. A large BO should occur.
Comment:
A terrible announcement is what caused the sell-off. Grades below market expectations.
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