Just based on what you see, not knowing anything about the company, what direction is this stock going to lean next?  Up toward 40 or down slightly to 30?

The trading range is there for all to see.  There are several brief fluctuations above and below the trading range, but 30 and 40 are some nice round numbers. Price tends to gravitate there over a long period of time, nearly 3 years (from a fundamental analyst’s perspective, that indicates some agreement in value).  In TA, lengthier time periods carry more weight, more certainty, better odds.

To appreciate TA you have appreciate that specific price levels and specific time periods are way more important than others.  For instance: we know a break above the 200 and 300-day moving averages is bullish, highly reliable.  We also know it’s reliably bullish when the 50-day crosses above the 200 day.

Fibonacci ratios are also highly reliable – it’s one of the key TA tools John uses in his charts (make sure you’re looking at these Fib. numbers if you aren’t already). The percentages are referred to as “retracement” levels.  These retracements or Fibonacci ratios, expressed in percentage terms, are found in nature.  Here’s 15 Uncanny Examples Of The Golden Ratio In Nature!

So I’d be a buyer of the chart featured above!

People can see things differently sometimes, or often times, but I see a Golden Ratio.

I see a bullish 50% retracement pattern!

In TA, 38.2% and 50% Fibonacci ratios are considered to be stronger support levels, relative to a 61.8% retracement.  But all 3 tend to be reliable.

Azimut Exploration (AZM, TSX-V), the company behind the chart, has built a firm foundation from which another 6-fold gain will be achieved.

That’s how I see it!

Recently I took a trip to Montreal (Azimut’s based in Montreal).

CEO Jean-Marc Lulin, who leads one of the industry’s tech savviest exploration teams, spent hours with me, showing me visuals and maps.  Found out that Montreal is quite the tech hub!  It’s an alternative to Silicon Valley.  People who know all the buzzwords like “AI” and “machine learning” live and work in Montreal.

… simply making a connection between Montreal and Lulin’s team.  They’ve been living and working in Montreal for decades.  They’re really smart people, and they have access to lots of other really smart people.  I’m encouraging him to further tap into that expertise and SCALE it.

Lulin and his team have developed a way to analyze/interpret public exploration data in their own proprietary way.  It can’t be replicated and it’s highly secretive. Only Lulin and 2 trusted associates have ever had access to AZtechMine.

But I’ll tell you what…I got about as close to AZtechMine as you’re going to get!

Seeing those “before” and “afters” of ground that’s been staked, then resulting field work and findings (a decade’s worth of evidence), leaves no room for doubt –  AZtechMine is a fast, predictive, and powerful exploration tool.

More on that later!

For now, I’ll just say Lulin and Azimut aren’t “fast followers”.  They’re not racing out to stake claims after somebody’s found something, they’re staking those claims before.  Midland (MD, TSX-V) and its Mythril find, is just 1 piece of evidence.

Who got there first?  Who staked what will prove to be the best ground?

The details and goings on within Azimut help explain why shares of AZM have a firmly bullish long-term trading pattern in place. It helps explain why speculators step in to buy equity on weakness. It helps explain why AZM has stayed within a fibonacci retracement range of 38.2% and 50% (percentages that carry some heavy weight as indicators for future price direction).