Bullboard - Stock Discussion Forum Aris Mining Corp. T.ARIS.WT.A

Primary Symbol: T.ARIS Alternate Symbol(s): CLGDF | N.AMNG.NT.U | ARMN

Metals & Mining Gold

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations... see more

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TSX:ARIS - Post Discussion

Aris Mining Corp. > Nice Looking Wedge

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Post by tobinator01 on Jun 12, 2024 11:27am

Nice Looking Wedge

Believe it or not, Aris has former a Bullish formation, a Falling Wedge. Wedges are notably quite good at predicting future directions. The Aris short term wedge also has in its favor that downside volume is drying up. Gold miners are a little tricky in chart analysis as the 800 pound Gorilla is the movements in Gold itself. Assuming we don't see a repeat plunge of last week in the next few days, the Falling Wedge is predicting a change in direction (up).

Aris.TO 6 Month Chart

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