Focus on minerals needed in the Steel manufacturing industry

I.O.C.G. Target in B.C.; Artillery Peak Manganese in Arizona; Niobium & Manganese in B.C.

Free
Message: I like this formation!

I like the formation here on American Manganese, a nice Symmetrical Triangle that looks like its about to breakout. One might think that the potential gains on this stock have already been realized last Thursday and Friday (24.1% in 2 days) but based on the chart pattern's calculated breakout target, it still has 38.8% to give us. American Manganese also came up on two of my scans this week; "52 High Week Pullback" and "Coming out of oversold" which adds chances of a potential successful trade.

The play would be to enter in the low 70's if volume increases with the calculated target of $1.00 for gains of 38.8%

See chart and other picks here
http://us1.campaign-archive1.com/?u=4d6d491aea8e01d93d8a1f390&id=0853829514#AMY

Cheers!

Share
New Message
Please login to post a reply