Cup and Handle is forming with Alphamin Resources.
We need the price to break above the Brim level before we action this.
21> 7 Price >200 - Mixed
RSI>50 - Bull divergence
Target R18.78
CONCERNS:
Price action shows an unhealthy chart - Volatile candles.
Sideways consolidation for extended periods of time
Low liquidity (Volume).
Not what I use to trade but I guess for investment purposes it is a good stock to have in a portfolio.
We need the price to break above the Brim level before we action this.
21> 7 Price >200 - Mixed
RSI>50 - Bull divergence
Target R18.78
CONCERNS:
Price action shows an unhealthy chart - Volatile candles.
Sideways consolidation for extended periods of time
Low liquidity (Volume).
Not what I use to trade but I guess for investment purposes it is a good stock to have in a portfolio.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.