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7.3¢ arcadia minerals limited

I also noticed the volume was pretty low with such an...

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scratchback

976 Posts.

53

10/11/22

10:17

Post #: 64687385
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Originally posted by sydneysider: ↑

AM7 issued 85M shares, top20 hold 60.5M shares. Technical signals are IMHO very bullish. See weekly chart (since listing) shows an island reversal with conceptual upside target at +.71 cents. Note that OBV shows +35M shares since listing. AM7 is very tightly held, and IMHO has very significant valuation upside. Purchased more yesterday on lows of the pull back. The two massive upside spikes in last 3 months are indicative of deep pockets taking a position. The first spike included volume of 16M shares. The second started yesterday and saw a similar spike involving only about 2M shares. My sense is that AM7 price has massive upside. Good luck to all longs.

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I also noticed the volume was pretty low with such an announcement, seems the buyer dominates.

AM7 Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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