AMI 2.94% 17.5¢ aurelia metals limited

Valuation and SWOT Analysis - AMI, page-98

  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    If you were trading this on the daily using the Ichimuko chart you would have exited the last long postion on the 15 March 2019 when it closed at 87 cents (below the Kijun-sen span , brown line, see chart below). This actually means you would have missed the recent high of 99cents but you would still be around the money with your exit now. If the AMI SP rises from here it will likely signal a new long entry on the daily chart very soon. See how the Tenkan-sen span and the Kijun-sen span have converged and are about ready to cross.

    As I said Ichimuko analysis is good for indentifying long sustained trends so it's better to take your signals from the weekly or monthly charts although it can work for daily charts as well. The previous long entry on the daily was on the 17 Jan 2019 at 79 cents, following the entry and exit signals would have made you a gain of 8 cents.Esh

    6802584D-ED46-494A-92B3-BCD87E55088F.jpeg
 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
(20min delay)
Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $287.5M
Open High Low Value Volume
17.0¢ 18.0¢ 17.0¢ $122.5K 697.0K

Buyers (Bids)

No. Vol. Price($)
9 271530 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 433573 20
View Market Depth
Last trade - 12.29pm 04/12/2024 (20 minute delay) ?
AMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.