AZM - low risk buy level

Stock has been sold down in the past month and has disgruntled holders, however it is still in an overall uptrend (i.e. commodities recovery) since bottoming out around 2c in the past few years.

Pretty decent announcement this morning too.

Chart: Price is currently sitting at a support level from late April after breaking down from an ascending triangle bearish wedge, but it appears the momentum may have slowed or stopped recently.

Trigger: The recent opening gap down which closed higher, and continuation the next day, a bit of a tree-shaker/bear trap.



Thanks for your time, feel free to share any info, whether fundamental or technical, all is welcome.

GLTAH