Descending wedge – close to strong support – bounce incoming
AMERISUR RESOURCES PLC ORD 0.1P LSE:AMER
Quite a nice chart setup for possible entry to come soon after long wait on sidelines as been on down trend for long time
Always best to wait for the best moment to start scaling in if you are keen on the company.
Descending wedge as it gets tighter it will eventually break up.
non-bias view as I don’t hold any shares.