AUQ 7.50% 3.7¢ alara resources limited

miss you delta, page-3

  1. 15,824 Posts.
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    worth a technical update at this point:

    just looking at today, it is feasible that the price might now start to ride the upper bollinger. the moving averages are closing in again on a "golden" cross.

    overall, what we know is that someone wants to get out, but also, alot of people seem to want to get in, they just don't seem to want to be chasing the shareprice up while they still think they have a bit of power over the seller.

    a couple of low volume days showing smallish gains might be what we need to tip this back in our favour. not only will they confirm support on both the 200ema and the trendline resistance, but they will also effectively act like price "catching the wave" of the upper bollinger.

    Given the huge LT bullish divergence in OBV, possibly the first significant one in over a year, there is a decent chance that the price can stay aloft of the 200ema this time around, which ultimately is going to be the wind up our sales once it holds.

 
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Last
3.7¢
Change
-0.003(7.50%)
Mkt cap ! $26.56M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $512 13.48K

Buyers (Bids)

No. Vol. Price($)
1 34672 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 182983 2
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Last trade - 15.48pm 03/09/2024 (20 minute delay) ?
AUQ (ASX) Chart
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