AMC - Amur Minerals

This is hard to do a reliable technical on. penny share and all




The trend line is the key to this . If that level breaks then this will head towards the 123 low break out point which is at 25.63 and this level will be good for a first attempt trade to go long at.
if your looking for new longs well , this would be way to risky from current levels, you need this to move sideways a bit before getting good levels forming. Just be patient as all the good entries have already gone. When a share springs into life like this its always hard to get good entries . You just have to be patient.

Tnx Remo..got in 25p yday....in ££s now

www.iii.co.uk/articles/250867/amur-miner...e-could-be-more-come

Remo,

Could you answer a question please, not wishing to question the master.

I thought a 123 low, should occur after a downtrend, not an uptrend, i thought lower lows were required?

This 123 low seems different from all others.

thanks in advance

Wow has retraced well.

Very tempted for a quick go at 12.75 bit of support maybe and at bottom of channel.

Anyone else tempted with this for a small bounce???

Went into auction immediately after my post and missed the chance, didn't fancy the risk with the higher price after auction.

A potential of 20% from the bounce.

Next time eh