Closed back up @ .011 cents and continues to trade at the extreme pointy end of a wedge pattern. Wedge had its start on 10/09/2024 when we saw that massive spike up to .047 cents and eventually closing @ .027 cents the same day. Wedge base support is @ .009/01 cents.
So it could breakout from here but more likely requires one more close back down @ .01 cent to perfectly complete the P&F chart. Have been following this stock for 5+ years and have seen it violently gap up on market sensitive news on several occasions. Which highlights the need to have a holding that you are happy with and so are not chasing to buy on news!
AAJ is a stock that has been extremely oversold as have the majority of smaller explorer resource stocks. But the reward is that they can explode with good capital gains when positive news and powerful market dynamics combine together at the precise time!
AAJ Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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