AMC Breakout - The Power of Historical Performance
Amur Mineral Corporation has been a strong contender for big potential for many years.
Historical highs of 40 have given an indication of what sort of momentum is involved when the news goes its way.
Over the past 3 months price has been comfortably ranging between 6 and 7, the recent breakout warrants some attention.
Look for price to pull back slightly after a test of 10, a good zone would be anything between 7 - 8.5 for a buy, target one 14 then hold for high 20's and depending on fundamnetal reasons may push for previous highs at 40.
Historical highs of 40 have given an indication of what sort of momentum is involved when the news goes its way.
Over the past 3 months price has been comfortably ranging between 6 and 7, the recent breakout warrants some attention.
Look for price to pull back slightly after a test of 10, a good zone would be anything between 7 - 8.5 for a buy, target one 14 then hold for high 20's and depending on fundamnetal reasons may push for previous highs at 40.