AMC - Amur Minerals

Yep...It sure does look like ones forming.
The area to watch for a break will be 7.5ish. This area has strong resistance so i would not expect this to break on first attempt so may get a cup and handle formation???.



dl.dropboxusercontent.com/u/4899609/amur21stdec.png
The rsi has turned down from the oversold area so looks like it may go sideways to down for the short term.

annes goal wrote: Could this be a cup and saucer formation forming??

I know you'll be gentle and I'm quite prepared to be totally off the mark - for example, it could be that it's happening too quickly?

All views gratefully accepted….

Thanks,
Anne

Could this be a cup and saucer formation forming??

I know you'll be gentle and I'm quite prepared to be totally off the mark - for example, it could be that it's happening too quickly?

All views gratefully accepted….

Thanks,
Anne

Is AMC currently breaking out of a 1,2,3 low?

Can't add chart, at work.

And here's another one where news has come just when the charts point to a move: www.investegate.co.uk/amur-minerals-corp...201312090700139782U/

I'll probably wait on this for a retrace entry or a 123-low entry now (if I enter at all!).

Hi WS. Here's a weekly AIM all share chart showing that it's really only the popular ones (GKP, XEL, BLVN, SXX etc) which have been struggling - the index has been strong:



dl.dropboxusercontent.com/u/20815047/FTS...reweekly08_12_13.png

Nice jack - do you have the aim index chart ?