AMI
$AMI AMI sitting above weekly 200 ma,MACD still bullish with weekly RSI pos div. Popped out of daily resistance and back testing demand zone in green.
Watching for volume , dont want to see 0.39 break.
JAI (Just another Idea) :-)$AMI An exploration & mineral development co in gold, base metal & copper. It rose from $0.01c in 2015 to $0.99c in 2019 & retraced down to the 61.8% fib ($0.39c) which it tested on 3 occasions. It has just broken out of the trendline. A close above $0.53c will be bullish
AMI resources long 0.42 -0.40i have been sitting out of the markets the past week with only few long term holds but, AMI resources seen incredible gains last year, but has since been falling after breaking its trend. the long term trend is still intact on the 1W and lines up perfectly with the 0.618 FIB.
ASX:AMI - Elliot Waves suggest slight downside pressureNot a perfect Elliot Wave pattern, but it's pretty darn close.
Three clear peaks suggest the growth of a super cell. Final step to complete the third cycle will need prices to drop a little lower before continuing upwards.
This suggests a good time to enter.
Plus it's gold. If the equities market were to drop, then it's not a bad one to hold onto, despite the latest results.
