$AML3D LTD(AL3.AU)$ I have been banging the table on this! I have also been adding to my positions...
I had wanted to share this position again because I sense that a breakout is imminent! From the 1st chart, you can see a recent increase in volume. From the same chart, we can also see the chart has broken the long term trend line and it is firmly in an uptrend now.
In the 2nd chart, I wanted to share its current RSI in the secondary chart. It's definitely as bullish as it gets but not overbought.
We have to remember that this increase in volume and slowly moving uptrend are occurring when there is no news and the market is quiet. We have to also remember the backdrop while all these are happening. Donald Trump has continued his dramatic flip-flopping one-man show biz that has created unnecessary turbulence in the market.
Money is often made in the uncertainty times. Money is also made when a company is on the verge of breaking out. $AML3D LTD(AL3.AU)$ is this company now. As I had mentioned numerous times in various articles on it and on $TITOMIC LTD(TTT.AU)$. Both are in 3-D printing or additive manufacturing biz. Both have been qualified and are selling to the US military. Be it aerospace or naval sectors, they are big business. Furthermore, both are exploring businesses in Europe and oil and gas sectors with varying degrees of success. US manufacturing site is an important trigger. Big wins are expected to follow. It is this quiet anticipation that is building into the share price movement. It is probably not so much of a "if", rather I expect a "when" will the company starts to announce the anticipated contracts.
Perhaps the official opening of the US manufacturing site, which is any day now, would be the trigger we need to see the real push in the share price. We don't need to look far to know how this explosion đĽ of share price will led us. Just see $TITOMIC LTD(TTT.AU)$ ! [Grin] [Happy] [Cool] It would be an easily 2-4x upwards movement if that is indeed the case...
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