During the week SP was rejected at the $2.08 - $2.13 resistance area. However strong momentum should break this resistance over the next weeks.
MACD histogram has continued to expand and is at its highest level (0.043) since the up-cross. After forming higher lows during the second-half of Q1, stochastics %K remains comfortably inside the bullish continuation region (90.83). Altogether - very bullish signals.
IMO bullish over the next 6 - 12mths.
AHY Price at posting:
$2.00 Sentiment: Buy Disclosure: Held
