Have you lot met my friend cup and handle!! Very bullish looking, the cup has been forming for Approx 2 years. The longer the formation, the longer the rally! Well done to those patient holders, we will soon be rewarded. The Cup has formed from 005 cents up to 3.8 cents this gives us a target of 5.4 cents!! (For those who don’t understand, this is measured from the depth of the cup added onto the break out point 2.2)
Keep in mind the chart alrady looks bullish as we are in an upward trend! I believe this stock will remain in an upward trend for a lot longer yet. We all know there is an update due for release next week. If it is the deal we have all been waiting for FA and TA will align perfectly!!
Happy Friday all, I will now be filling up my cup and handle with a potent brew!
GLTAH DYOR
AIMO
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