Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Atalaya Mining shares can jump to 160-170p in early 2017

Friday, November 18, 2016 6:49
% of readers think this story is Fact. Add your two cents.
Atalaya Mining Plc (LON:ATYM) shares could jump to trade around 160p to 170p by the end of the first quarter if not before, so says technical analyst Zak Mir.
He says the recent rally, a 40% rise since the start of November, has been driven by the rise in copper prices amid Donald Trump’s election.
“If you look at the copper price chart it looks very similar,” Mir said in a Tip TV segment for Proactive Investors.
Mir notes a number of technical signals in the chart and highlights that the price has moved above prior resistance around 110p. 
“While we hold above 110p I am looking for a big target here, as high as 160-170p over the next few months,” he added.

Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.