Alliance Mineral – More upside possibility ?

alliance-mineral-4-jan-2017

Alliance Mineral today broke above the 0.096 horizontal resistance and close with a bullish price action, above the 50 day moving average which is represented by the green line with today volume highest since mid December .

If the bullish momentum can continue , these signals may bring Alliance Mineral to the next possible upside resistance region between 0.103 -0.106.

Stop Loss may be placed at 0.092 ( tighter stop loss ) or 0.089 ( wider stop loss)

Yours

Humbly

 

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