TSX:ARIS - Post Discussion
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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