Might be worth a watch. Be nice to see a bit more volume and momentum behind it but looks good to run for a bit longer. Some good market depth on the buyers side. Decent financials which should maintain interest. The funnymentals bots also show AMI as significantly undervalued.
Aurelia Metals Limited is an exploration and mineral development company. The Company...
Aurelia Metals Limited (ASX:AMI) is fundematally a great company with little to no debt and is one of the lowest cost operations in the country.
Upside:
There appears to be a good entry around the strong .630 area as seems to be quite reactive.
Macd is in the right position and looks ready to cross over.
Rsi is oversold and is ready to snap back.
Downside:
Low...
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
Not a perfect Elliot Wave pattern, but it's pretty darn close.
Three clear peaks suggest the growth of a super cell. Final step to complete the third cycle will need prices to drop a little lower before continuing upwards.
This suggests a good time to enter.
Plus it's gold. If the equities market were to drop, then it's not a bad one to hold onto, despite the...
2018.08.06 TA Report
Aussie Market Buy/Sell ratio = 0.40
Buys: 197 (9.6%)
Sells: 489 (23.8%)
Hold: 1371 (66.7%)
Let's see previous 5 days relative timing values by VectorVest on this stock:
06-Aug= 1.30
03-Aug= 1.26
02-Aug= 1.21
01-Aug= 1.20
31-Jul= 1.16
AMI.AX has a current Value of $1.24 per share, which is undervalued compared to its Price of $0.66...
2018.06.28 TA Report
Aussie Market Buy/Sell ratio = 0.35
Buys: 251 (12.2%)
Sells: 716 (34.8%)
Hold: 1091 (53.0%)
Let's see previous 5 days relative timing values by VectorVest on this stock:
28-Jun = 1.26
27-Jun = 1.28
26-Jun = 1.31
25-Jun = 1.33
22-Jun = 1.31
AMI.AX has a current Value of $1.10 per share, which is undervalued compared to its Price...
ASX:AMI
The price bounced from support level .
RSI confirmed uptrend movements.
Profit target $ 0.645 and $0.71....
The brief trade analysis presented above is my predicted direction.
Strong trendline long term. Stepping up according to the norm fib retracement level.
Triangle ready for breakup up
Expect one pull back before break due to some selling from the SPP. Then breakup, with a retracement at previous supply/demand levels. Then strong move upwards to complete the retracement at over 40c
All my opinion, please do your own research
