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Timonrosso
Feb 21, 2023 11:26 AM

Alphamin Resources C&H and waiting for a brim break to R18.78  Long

ALPHAMIN RESOURCES CORPJSE

Description

Cup and Handle is forming with Alphamin Resources.
We need the price to break above the Brim level before we action this.
21> 7 Price >200 - Mixed
RSI>50 - Bull divergence
Target R18.78

CONCERNS:
Price action shows an unhealthy chart - Volatile candles.
Sideways consolidation for extended periods of time
Low liquidity (Volume).
Not what I use to trade but I guess for investment purposes it is a good stock to have in a portfolio.
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