JeJ777

Ready To Bounce

Long
ASX:AMI   AURELIA METALS LIMITED
AURELIA METALS is a company with great fundamentals. No debt and is one of the lowest cost operations in the country.

Upside:
Really strong support at the .630 area which is also very reactive.
Macd in the right position and will be looking to cross over.
Rsi is oversold and is ready to snap back.

Downside:
Low volume

2:64 risk to reward ratio
23% gain for 8% loss

Comments

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