Unfortunately, charts are meaningless when it comes to exploration companies. A known newsletter writer did charts on these things and always turned out wrong. All of a sudden news broke one way or the other and the charts became meaningless. The only one that has been able to call tops and bottoms is James dines. and that's not the tops and bottoms we are looking for.
Results should be coming very soon. Many results. and double bottoms, ingrown nails..won't mean anything if we get what we are looking for.
Recently when some of the hedgefunds sold, did the charts see that? QE 3 hopes..that MSM bull...Feds want a weaker dollar.only way to get that is through nominal GDP targeting..or as the San Fran FEd president has stated "open-ended QE) When will people stop listening to MSM and watch the signals. The signals by the FED have been provided. open ended QE. It's coming...what will that do to the double bottoms
AMX Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
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