As solid as Elliott Wave has been projecting this run up , we also now have two other very bullish continuation patterns that are standing out like the proverbials - one is the longer term cup and handle pattern that has formed since the December 06 high - now that the handle has completed, the price surge target based on this pattern is 56c. The other is the shorter term flag pattern - the shorter term price target based on this pattern is 45.5c. Backed with the EW projections, backed by volume , back by the short term positive reversal in market sentiment plus zinc and all the fundamental drivers ... blah blah blah .... All i can say is if you havent pulled the trigger by now on AIM , you never will !!! I believe we will push through 38c now on limited resistence and begin to rest again around the above price targets . Just to refresh , The Elliott Wave target for this run up was calculated at around the 50c mark , so smack in the middle of these two other bullish chart pattern price projections . I'm looking forward to the next week or two and am especially looking forward to the 38c bears trying to hold this back again .... but this time failing !!
cheers ECN.
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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