ASX:A1M – AIC MinesTechnical Analysis
ASX:A1M
A1M is showing a clear monthly trend revival after a prolonged consolidation phase.
Key observations from the monthly chart:
• Price is breaking out from a long base near A$0.45–A$0.50, indicating a structural shift.
• Strong close above the middle Bollinger Band, with expanding range suggesting momentum is building.
• Volume has expanded noticeably, pointing to early accumulation interest.
• RSI has moved above 55–60, signalling transition from range-bound to bullish momentum.
This looks like an early-stage cyclical breakout, driven by copper strength and improving price structure.
Trade Setup
• Entry Zone: A$0.55 – A$0.60
• Stop Loss: Below A$0.48
• Potential Upside: A$0.75 – A$0.85
