AW1 0.00% 12.5¢ american west metals limited

Good evening, Moving into a new week and more excitingly a NFY,...

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    Good evening,

    Moving into a new week and more excitingly a NFY, I thought I'd do an updated chart with some notes and key levels of interest.

    Nb. HVN = High vol node, LVN = low vol node.

    Historical weekly Trend line resistance is approaching at around the 17/18c range, it certainly can test and wick through this level, as it has in the past, what would be very bullish to see, is a weekly close above it, something I will have an alert set for weeks end.

    If we see no to little resistance at the 17/18c level, then we could move through the LVN very quickly and into the next HVN starting at 23c, after that is the ATH daily close of 25.5c followed by ATH at 28.5c.

    After that we are into blue sky and price discovery mode.

    I’m looking forward to seeing how this week pans out with latest CR hitting the market, hopefully it went into mostly sticky hands, but the past has shown some sloppy selling in the register, let's hope these types get absorbed quickly if this is the case again......

    GLTAH for a prosperous week but more so a prosperous year ahead for those interested in seeing this story unfold.

    Daily and weekly charts added for reference and comparison.


    Daily time frame
    https://hotcopper.com.au/data/attachments/5395/5395649-9464bc1b884bab9171826d77a393dc8f.jpg



    Weekly time framehttps://hotcopper.com.au/data/attachments/5395/5395653-f0c57fe53c7f22ff1b4b52e172211a44.jpg
 
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