ANX may be ready for its next run. Copper price boost.ANX closed today with good volume well above 50d ma, and touching on new highs over the last few months. This ran hard several months ago on decent results, and has been consolidating since then. This breakout could signla Anax's next move up and beyond 10c.
ANX trade ideas
ANX - Another Buying Opportunity?ANX may be poised to move up aiming its previous resistance. A breakout of the bearish trendline combined with bullish price action off from the POC of Volume Profile makes me bullish. My TP would be the previous resistance level of $0.085 (Potential gain 20%) and a tight stoploss below the lows ($0.060).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.