AIS 4.55% 17.3¢ aeris resources limited

AIS - EW Chart, page-1151

  1. 655 Posts.
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    Hey Copper21,

    Looks like an ascending triangle which is bullish. "An ascending triangle is a breakout pattern that forms when the price breaches the upper horizontal trendline with rising volume. It is a bullish formation. The upper trendline must be horizontal, indicating nearly identical highs, which form a resistance level."
    Also the fact that it has been in a consolidation phase between 15c & 18c since last November adds to the bullish momentum.
 
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