Alphamin (APH) is a tin mining and exploration company operating out of Mauritius. Its primary asset is just over 80% of Alphamin Bisie Mining which has a tin mine in the DRC. The company claims that it is the best tin ore body in the world. In a report for the year to 31st December 2022 the company reported record tin production up 14% on the previous year with...
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...
Lower volume than when it made its run (peeking out sometime when tin reached 50k
Cup & Handle maybe forming
50ma crossed the 200 day
tin price gone from 17k-(in the november to 32k as of today) with talk of china re-opening! One of the most profitable mines on earth
youtu.be
When will someone take it out? Hopefully not before it as reached its true potential
Congo DRC
Alpha Min Tin Mining has rallied on commodities!
See how to trade, but if you did not get the low, be cautious.
Timing the MA is critical entry points.
But I'm just a learner here.
Enjoy the RISK!
Regards Graham.
