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AMC - Amur Minerals

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9 years 1 month ago #14471 by Trendfriend
Replied by Trendfriend on topic AMC
AMC weekly


I'm still long here, and not sure what to make of it tbh.....obviously the rally and subsequent sell off are not good.....and i was unable to sell some of these on Friday am!! :sick:

The daily does not look great (fridays candle), but the weekly still looks ok, lets see how this plays out Monday, and possibly the weeks or so......but i may bank some soon here imvho.

atb, wdik, dyor,
trendfriend

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9 years 1 month ago - 9 years 1 month ago #14502 by Trendfriend
Replied by Trendfriend on topic AMC
Hammer time.
If this can close the gap, and push on above 14p tomorrow....game on imho...... ;) lets see....i may buy some more here above 14p....


atb, wdik, dyor,
trendfriend
Last edit: 9 years 1 month ago by Trendfriend.
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9 years 1 month ago #14534 by bonobo77
Replied by bonobo77 on topic AMC
SP breached the 50 day MA yesterday. Looking bearish.
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9 years 1 month ago #14536 by Trendfriend
Replied by Trendfriend on topic AMC
Yes it has, i had my remaining position stopped out....... :sick: :blush:

I think a drop to around 7p looks possible? going to look to buy again around there imvho...lets see...
Unless it can climb back above the 50 day ema line again.....

atb, wdik, dyor,
trendfriend
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9 years 1 month ago #14593 by Trendfriend
Replied by Trendfriend on topic AMC
Morning folks,

Just a quick look here.
I'm looking at the 7.5p area being gap support, and the 200 day ema line just above at 7.95p
I'm think a intraday breach of that 200 day ema line, test of 7.50p before dome kind of a rally back up....

A trade at that level, quite possibly just a scalp....
stop below at 7p, but a close below that 200 day ema line on a eod basis would mean closing the trade out...

so long at 7.5p, stop at 7p, i think thats a worthwhile trade from a rr perspective.

atb, wdik, dyor,
trendfriend
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9 years 4 weeks ago #14607 by Paitech
Replied by Paitech on topic AMC
Topped up few at 8.1p

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