That is just the way I see the chart and has nothing to do with how I value ABU on fundamentals.
Chart support lines and resistance lines are broken on a regular basis by changing fundamentals.
I have no plans on selling my long term holdings of ABU at 4c just because I can see chart resistance there. I also saw chart resistance at 3c but I didn't sell any of my long term holdings there. If the fundamentals support it, then 4c will also be taken out regardless of whether or not it finds short term resistance there for a while.
First thing first, let's see how long it takes to reach 4c.
gold hits three-month high, page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.353M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $779 | 259.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15823362 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23487747 | 25 |
View Market Depth
| Last trade - 10.06am 12/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |