AAM 0.00% 5.4¢ aumega metals ltd

Pretty textbook play here Imho Gap is 39.5 so technically not...

  1. 2,917 Posts.
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    Pretty textbook play here Imho

    Gap is 39.5 so technically not quite filled as yet, perhaps close enough hey, we'll see

    That large Vol day (as marked with 2x blue horizontal lines and white box) has played out exactly as I thought. Price couldn't break through it and hasn't held it either...... This high Volume theory I use was shown by @Cabbie here on HC some years ago now and has never left my mind.... (hopefully, this helps others here going forward)

    MACD has also given plenty of clues with its diverging patterns to the downside

    I know most of you guys will have been in MZZ for some time already and well in front now and well done... for me, I'll keep waiting for an entry

    Gltah

    Daily
    mzz.PNG
 
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