AME 0.00% 6.4¢ alto metals limited

Entered on close, my analysis is there was an inverse head &...

  1. 7,121 Posts.
    lightbulb Created with Sketch. 618
    Entered on close, my analysis is there was an inverse head & shoulder breakout which lead into the rally. Since then we have a higher high and higher lows. It is also important to note that there was increasing volume in the rise and a decreased volume in the retreat to support.

    Today's stall I am hoping is the support, being Gold and gold prices there is plenty of reason for further upside, there are no guarantees however this is a pretty impressive technical playout and hopefully see some buying coming in now.

    https://hotcopper.com.au/data/attachments/3190/3190500-bbd305d64ac266d7bd1a01da43f3cdd6.jpg
 
watchlist Created with Sketch. Add AME (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.