TRADESETUP

January 11, 2019

Buyers putting in the groundwork for a move higher

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Potential Buy Entry Alert to Watch AMI

Time Frame : Daily/Weekly

Sector :Materials/Basic Materials

Key Stats : $637.89 Million Market Cap, VWAP 0.73, ASX Ranking 307, 4 Week Av Turnover $957,431, Current Turnover (Intraday as at time of alert) $1,014,611.

Company Overview : Aurelia Metals Limited (AMI) is an exploration and mineral development company based in Orange NSW. The Company’s focus is the development and ongoing exploration of the Hera-Nymagee Project, which includes the high grade gold and base metal Hera deposit and the emerging high-grade copper discovery at the nearby Nymagee copper deposit.

Broker Consensus : BUY


AMI – Aurelia Metals Limited

AMI is showing some great signs that buyers are starting to stack up and support higher levels. Price has spent the previous few months holding up above 0.65 so we are now on watch for confirmation that buyers are ready to push price to new highs (refer to chart).

Stock Code : AMI – Aurelia Metals Limited

Company Website : www.aureliametals.com.au

Current Price : 0.74

Status : On watch for potential higher low

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