jackwheeler

A Big Bull run Could be Coming for AMI

Long
ASX:AMI   AURELIA METALS LIMITED
Hey All, I took a Long position in AMI as it hit its trendline that's been in play since 2015 with the idea of Materials are all rising in price with inflation fears continuing yet most Material companies are at lows. With the Assets and earnings Growth expected buy this company hard to see why it was worth Sub $500 mill, so with the Fundamentals and Technical telling me to buy I bought a Position on the 27/09/2021 for .30. It Has bull strongly since rising just shy of 30% so far and broke out of its big flag pattern and could send this one a lot higher really quickly. I have a 200% price target by the end of 2022.
Do your own research

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.