Crikey I am a bit overwhelmed by all the kind words of appreciation - thank you to everyone who has voiced their support - Having been around hot copper for a while I understand all the fundamental investors who think charts are voodoo are quite happy to have the T/A guys around when the stock is bullish and going north but when things start to go the other way we get dismissed as down rampers or the standard F/A argument that XYZ stock is different and T/A doesnt apply to it.
A2M is a great stock and its had a stellar run this year as its been rerated by the market - I have been surprised by how shallow the last few retraces have been -
I wont say too much more at this point as I pretty much covered it all yesterday - I would only caution that a couple of green days doesnt mean its going to close the gap and go on to make new highs - it may do but that volume yesterday was a significant event - It now needs to consolidate and start making a series of higher highs and higher lows to put the nerves to rest- A back test of the $6.70 low is also a high probability- if that happens it goes without saying it needs to hold that level
A2M Price at posting:
$7.16 Sentiment: None Disclosure: Not Held
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