Asek Mining to target 75 then 94 - long term

Weekly chart, the stock ASCM is trying to beat the resistance line R1 in the long pennant pattern.
Technical indicators MACD and RSI are positively signalling a formation of an uptrend.

Stabilizing above 45 for 2 weeks, the price should target 75 extendable to 94, a s a long term target.

Note the stop loss and profit protection levels - Raise as the price goes up!

ASCMChart PatternsegxegyptTechnical IndicatorsTrend Analysisuptrend

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