Buyers happy to step in at higher levels hinting at a run to new highs

Potential Buy Entry Alert AML

 

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $205.09 Million Market Cap, VWAP 0.35, ASX Ranking 554, 4 Week Av Turnover $187,168.

Company Overview : Aeon Metals Limited (AML) is an Australian based mineral exploration company listed on the Australian Stock Exchange. The Company has an extensive exploration tenement portfolio in the world-class Mt Isa mineral province in North West Queensland as well in South East Queensland in the Rawbelle district, approximately 150kms by road/rail from the port of Gladstone. Aeon’s tenements are prospective for Copper, Gold, Lead, Zinc, Cobalt, Molybdenum and Silver. The most advanced project within the Aeon portfolio is the Walford Creek Project

AML – Aeon Metals Limited

AML is showing some great signs of buyer stepping in at higher levels as positive news today lifts price. We are watching for further buyers to be dragged in to the action and build a higher low for the entry setup above 0.34.

 

Stock Code : AML – Aeon Metals Limited

Company Website : www.aeonmetals.com.au

Current Price : 0.355

Status : On watch for higher low buy entry setup