cup and handle is clearly evident on 4 year weekly chart.
bottom of handle forming now at 23-24c support.
I see completion of handle coinciding with end of POG consolidation in next 1-2 months. from there its anyones guess, but my growing expectations are a 30% climb in the POG by October this year from the breakout point - target is somewhere between 1400-1500 USD.
Should AAM have it act together, which it should, I see no reason for a major market revaluation based on rising POG and company fundamentals. Technical indicators are supporting this sentiment atm imo.
GC
AAM Price at posting:
24.0¢ Sentiment: LT Buy Disclosure: Held
