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Zak Mir sees Central Asia Metals shares rising to 240p in coming months

Central Asia Metals (LON:CAML) shares can rise to 240p in the next couple of months, according to technical analyst Zak Mir.

“We’ve seen the stock rise from the turn of the year lows, towards 120p, and we’ve nearly doubled,” Mir said in a Tip TV segment for Proactive Investors.

He notes that the current price of around 211p is in a rising trend channel, which he says it heading for 240p.

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