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