AYN alcyone resources ltd

The simplest possible TA approach to this silver stock: When AYN...

  1. 277 Posts.
    The simplest possible TA approach to this silver stock: When AYN breaks through the 8.7 cents barrier it's in new territory. If you believe in breakouts this stock is deserving of your fullest attention.

    The buy/sell numbers are terrific (182/60) ... and as I write, the SP has just hit 8.7. Silver bullion is in short supply so the promise (??) is there for a higher price to come.

    We could be running above 8.7 ... maybe in just a few minutes.

    (1019) - The SP has retreated a tad to 8.5, but the day already has set a second top of 8.7 in place making a double top. I don't mind if it hits that level a number of times before breaking upwards - which it will surely do ... particularly when the company is now not too far away now from pouring its first silver ingot (under the new regime).

    (1024 - buy/sells 184/68, and silver has just hit US$38.70.)

    Again, from a single TA perspective, the break above 8.7 will make this a very exciting time for AYN investors.

    (Stop losses in place, always.)

    ____________________________________
    [email protected]
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.