ASM 8.05% 94.0¢ australian strategic materials limited

ASM Chart Thread, page-84

  1. 1,666 Posts.
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    Long termers don't need to sweat. In a couple of years this will look like a small blip on the radar. I'm convinced this company will go places.
    As for the short term I think we are approaching the bottom and history could repeat itself and form a nice cup and handle pattern once again. All short term indicators are pointing to an oversold situation so the bottom must be very close. On top of that there is quite a fair bit of support close to these levels..

    https://hotcopper.com.au/data/attachments/2797/2797564-b2619aab1f009905b08a39a4e5d02984.jpg



    Also a weekly chart below to show that support should start to build at these levels.


    https://hotcopper.com.au/data/attachments/2797/2797644-fe124a580a0543221f5ef081fad2761b.jpg


 
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