AMC - Amur Minerals

If this is going to break through, you should get an early indicator via the daily RSI. If that breaks out of its downtrend (it's currently at resistance as I type) prior to the price breakout of 9-9.5p then it *should* be good to go.

Best to wait for a price breakout as confirmation though (and a successful backtest too really).

GL.

Hi Br,

Would target approx 14-19p, should it break n close abv 9.5/10p, main uptrend line
must hold.

rgds ws

WS what the price target for that Head & Shoulders?

Fundamentally this share has colossal upside potential.

This one's looking interesting, looking through various times frames suggests a break to the upside could be imminent.

dyor

dl.dropboxusercontent.com/u/40497882/AMC_daily_May06.JPG

This one's looking interesting, looking through various times frames suggests a break to the upside could be imminent.

dyor

dl.dropboxusercontent.com/u/40497882/AMC_daily_May06.JPG

There has a lot of RSI action on this share.

It looks to have confirmed the wave 2 is over, but further confirmation maybe if it breaks the 9.5 level, preferably with a gap up, to give separation from wave 1 & 2.

Trading wise - probably best to wait for break of 9.5, if this is a wave 3 it probably wont be too long before that would happen. Target 13.5p but 19p is very possible with this one.
Zoomed out view - or Long term view!
dl.dropbox.com/u/43650856/Amur%20-%2022n...-%20Zoomed%20out.htm

Zoomed in
dl.dropbox.com/u/43650856/Amur%20-%2022n...0-%20Zoomed%20in.htm