AMI is fibonacciAMI following the laws of fibonacci well.
price at the lower band of the channel.
buy the support and hold on.
risk a small position for big gains.
we're all speculators now.
their is no REAL yield anymore.
AMI trade ideas
A Big Bull run Could be Coming for AMIHey All, I took a Long position in AMI as it hit its trendline that's been in play since 2015 with the idea of Materials are all rising in price with inflation fears continuing yet most Material companies are at lows. With the Assets and earnings Growth expected buy this company hard to see why it was worth Sub $500 mill, so with the Fundamentals and Technical telling me to buy I bought a Position on the 27/09/2021 for .30. It Has bull strongly since rising just shy of 30% so far and broke out of its big flag pattern and could send this one a lot higher really quickly. I have a 200% price target by the end of 2022.
Do your own research
Missed the goldbus this week? Here is your next opportunityThe price broke the down-trendline of the bull flag (red line) and has now formed a hammer candle, which is also right upon an up-trendline (green line) and a significant horizontal support level. Aggressive traders can enter when the price confirms the hammer candle (0.43AUD) or you can wait until the price closes above 0.485AUD (this would end the correction of the bull flag). Target is the 1:1-1:1.6 Fibonacci extension of the former impulsive move and the stop will be placed at 0.33AUD.
AMI TAAMI appears to be retesting support
I'd like any entry at 0.305 with a stop loss at 0.23
Could still be in price discovery though but nice upside if the support holds.
$AMI AMI sitting above weekly 200 ma,MACD still bullish with weekly RSI pos div. Popped out of daily resistance and back testing demand zone in green.
Watching for volume , dont want to see 0.39 break.
JAI (Just another Idea) :-)$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
breakout amiAMI breakout.
broke 61% fib level on daily too.
buy a little and then buy a little more if it moves higher
Another BIg Up Cycle...Expecting this to explode up for another big cycle...depending on how it plays out I'm forecasting a top somewhere in the $1.5-1.60 area for now but I believe it will go much higher in the future.
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.
Following the trend of top stock Aurelia MetalsFor my reference:
Green triangle = buy and hold
Pink triangle = sell
$AMI - AURELIA METALS - Nice breakout over old highsMight be worth a watch. Be nice to see a bit more volume and momentum behind it but looks good to run for a bit longer. Some good market depth on the buyers side. Decent financials which should maintain interest. The funnymentals bots also show AMI as significantly undervalued.
Aurelia Metals Limited is an exploration and mineral development company. The Company operates through segments, including Hera-Nymagee project and other exploration projects. The Hera-Nymagee project includes the gold and base metal Hera deposit, and the copper discovery at the Nymagee copper deposit. The Hera-Nymagee Project is located approximately 100 kilometers southeast of Cobar in western New South Wales (NSW). The Hera Project produces gold-silver dore and a bulk concentrate, which includes lead and zinc. The Doradilla project is a tin project. The Company is also engaged in exploration for copper, gold and tin on a number of tenements in the Lachlan Fold Belt of NSW. The Doradilla Project represents an exploration target for nickel, copper, silver, bismuth, zinc and indium. The Tallebung tin field is located over 70 kilometers north-west of Condoblin, NSW, and includes a series of alluvial and deep lead tin deposits, as well as tin-tungsten hard rock lodes.
Aurelia Metals Limited (ASX:AMI) Shaping Up For Some Great GainsAurelia Metals Limited (ASX:AMI) is fundematally a great company with little to no debt and is one of the lowest cost operations in the country.
Upside:
There appears to be a good entry around the strong .630 area as seems to be quite reactive.
Macd is in the right position and looks ready to cross over.
Rsi is oversold and is ready to snap back.
Downside:
Low volume
2:64 risk to reward ratio
23% gain for 8% loss
This is not financial advise.
Ready To BounceAURELIA METALS is a company with great fundamentals. No debt and is one of the lowest cost operations in the country.
Upside:
Really strong support at the .630 area which is also very reactive.
Macd in the right position and will be looking to cross over.
Rsi is oversold and is ready to snap back.
Downside:
Low volume
2:64 risk to reward ratio
23% gain for 8% loss
