Xanadu Mines is an ASX stock listed on the TSX so this one is a bit illiquid . Please refer to the ASX version for a better analysis of the chart . The breakout on higher volume caught my eye here and the bullish fundamental story behind this stock . I am also bullish on copper but they also are finding more gold now so . For more info please visit the website . ...
ASX:AZS ASX:AW1 NASDAQ:SLM ASX:MM1 TSX:XAM Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. Today's ASX's Top 10 Quarterly Momentum Stocks are: Azure Minerals (AZS): Azure Minerals...
Xanadu dropped below the consolidation pennant formation and looks to be testing support at the bottom of the news candle. This would also line up with 50d MA and serve as a good entry point for further long term up swing.
Weekly chart looks like dog shit, but with 6 drill rigs running and results not far away I'm a buyer at these levels with rock solid fundamentals (no pun intended). Already a tier 1 copper asset on previous results and more gold in the ground than most other junior explorers combined, I think it's got legs. Management seems to be on the right path now too with...