AAM 0.00% 5.9¢ aumega metals ltd

chart shaping up

  1. 1,568 Posts.
    AAM
    AAM 20101222D

    ok guys, the chart is starting to put itself in a good place....hopefully management can follow up and the fundamentals and technicals align

    on the chart, price is just breaking out of the purple downtrend channel, but is being held down by the pink 41EMA...we want to see a break above this to indicate a trend change.....yellow line shows a well defined base and i would not expect AAM to drop below there.....the stochastics have been making higher lows and are uptrending, this usually indicates an uptrend in price will also occur.....just have to break through what is now a quadruple top on the stochastics
 
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