Long term buyers starting to stack up for a move higher

Potential Buy Entry Alert ARE


Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $34.2 Million Market Cap, VWAP 0.023, ASX Ranking 1218, 4 Week Av Turnover $29,158.

Company Overview : Argonaut Resources NL (ARE) is a mineral exploration and development company with projects in Australia, Canada and Zambia.


ARE – Argonaut Resources

ARE is a small trader that is starting to perk the interest of a lot of buyers. We see the potential for a strong move higher as the long term weekly chart holds a higher low. Watching now for a push through 0.025 and then a pullback to build the buy entry setup.


Stock Code : ARE – Argonaut Resources

Company Website : www.argonautresources.com

Current Price : 0.024

Status : On watch for a buy entry setup