Alphamin Resources C&H and waiting for a brim break to R18.78
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)
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