AIS 4.44% 23.5¢ aeris resources limited

AIS - EW Chart, page-1834

  1. 508 Posts.
    lightbulb Created with Sketch. 102
    Yeah, definite correlation there for sure...as reiterated recently by Tully...the stock being more volatile as you'd expect.

    As for a cup & handle targets potential, correct, it could be considerably lower...& I'm personally in the habit of anticipating a full 100% pattern-height decline (especially as the pattern in question involves a break to the downside!).

    However, while chrism68's Cup & Handle may not have played out according to his initial plan, & the handle may now be considered to have moved a little lower than text-book ideal, I'll stick my neck out & say the pattern is still in play with the handle still forming & that we won't see a full c&h pattern decline. But remember, I'm a sucker for a pretty pattern so keep that in mind & don't hold me to it.!

    All in all, I reckon we're just gearing up for the 'real' copper bull run. smile.png

    https://hotcopper.com.au/data/attachments/5234/5234368-862942150931506037f5cd964b8a869f.jpg
    https://hotcopper.com.au/data/attachments/5234/5234510-54cb1ac86669ce217556a93633f076f6.jpg
    https://hotcopper.com.au/data/attachments/5234/5234539-8fbf211b3b2a35e5713d349d8a64268b.jpg




 
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