Am I a Triangle? Yes, I AMM – Amcom Telecommunications Limited

Am I a Triangle?   Yes, I AMM.

Amcom Telecommunications Limited (ASX:AMM) has broken out of a 12 month ascending triangle today.   This suggests an upside measured move to the $2.90 area is highly probable.  Amcom currently ranks a Gold 3 on my fundamental ranking system with good net profits, manageable debt and growing earnings for the forseeable future.

(click to enlarge)

This article is published by Dean Mico.

Disclosure: The Edge Fund owns shares in Amcom Telecommunications Limited.

The information provided in this article is intended for general use only. The article is intended to provide educational information only. Please be aware that investing involves the risk of capital loss. The information presented does not take into account the investment objectives, financial situation and advisory needs of any particular person, nor does the information provided constitute investment advice. Under no circumstances should investments be based solely on the information herein.

Book Your Free Appointment
Simply fill in and submit the appointment booking form and Dean will be in contact with you shortly!