Archer Materials Limited (ASX:AXE) A materials technology company developing materials in quantum computing, biotechnology,
and lithium-ion batteries, and exploring for minerals in Australia. The Company has strong
intellectual property, broad-scope mineral tenements, world-class in-house expertise, a unique
materials inventory, and access to over $300 million of...
Potential continuation buy on the break of 46. Really nice drop off in volume. Like to see a little shelf build under 46 for a day or two.
Extremely aggressive, and really this is an add to existing postion. If buying go small as this is extremely aggressive. On volume!
Archer is an interesting company. I thought it was just a resource explorer but looking at their website they are heavily engaged in Quantum computing research. Everything from materials to building the chips. With a sharp price increase over the last couple of months, could be overextended, but also well worth a watch.
ARCHER IS A MATERIALS TECHNOLOGY COMPANY:...
$PPK and now $AXE and their qubit,partnering with universities in cutting edge tech. The risks are massive, but great to see Australian Universities partnerships developing. Hopefully just the beginning. Melbourne punters love a gamble as proven today. Decent money stepped in after a solid preso today. Could tell people were standing around with itchy...
Share prices have broken out of the price channel to the upside and its looking good for a long position if it holds above the current support at 0.125 and also the support trend line. A short-term target is at around 0.155-0.170
Archer Materials Ltd. focuses on discovering, developing and commercializing mineral deposits in Australia. It engages in the Blue Hills Copper Gold Project. The company was founded on February 16, 2007 and is headquartered in Adelaide, Australia.