Bullish Thesis for UAMY:
1. UAMY share price has historically followed the raw price of Antimony. The last period that it traded in a similar price per metric ton was 2011-2012, in which the shares price traded in the $2-4 range on average. In 2021, the share price only briefly exceeded the $2 mark.
2. China is the world leading exporter of antimony and there is...
The channel has been broken and followed up with Consolidation, We can make use of it to capture the Swing. it has ended with a Doji and can be bought tomorrow ( 04-05-2021 ) if it breaks today's high of 3478.70
Entry: 3479
Stoploss: 3356
Target 1: 3760
Target 2: 3820
Target 3: 3900
Equal Highs created after a nice MARK UP. Stop Losses are flooding above the highs (Liquidity). We wait for liquidity to be captured and we short with the banks.
Once again we had a breakdown from a bearflag that several candles later found a way to make it's way back into the flag showing us an unusally long false breakout and then instantly forming a bull flag inside that bear flag. The previous time this happened the bull flag ended up winning and shooting upward out of the bearflsg...currently it appears as if we may...
