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EVOLUTION: When Fundamentals Match Technicals

Evolution Mining (ASX: EVN) has a "Strong Buy" rating from BBY Resource Analyst, John Ciganek (12 mth price target of $2.57 per share). Currently trading at $1.77, BBY has published a technical trade idea on EVN, where a bullish symmetrical continuation triangle has formed on the stock.

We believe that the bullish signal indicates that the price may rise from the close of A$1.77 to around A$1.87 per share.

We watch this space.