Chart Source : Poemsview (11th Jan 18)
Alliance mineral a lithium related stock listed on the SGX has seen it made a new high of 0.44 recently and started retracing.
Alliance mineral has always been our interest since the start of Jan 2017 when it was just 10 cents.
A few post can be read here to sense our view on this counter.
Alliance Mineral has hit its upper resistance band and some healthy profit taking is good. But when it reaches to our support level that’s when we will want to take a look at it again.
Note that Alliance Mineral is placed under the trading restriction under poems so do trade with caution. Always be alert and ensure that whenever one trades he/she buys at comfortable level and have the ability to pay up in case anything happens.
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