Ann: Full year financial results for the year ended 30 June 2016-ALK.AX, page-3

The upper candle chart shows a red doji with a following red hammer with its tail lower than the close on that day showing weakness but still buying interest present (so so sign). The moving average lines are diverging showing a pause in buying with a sideways movement possible but more likely a decline in share moving upwards (bad sign). The RSI is coming off the overbought peak which is good especially since it was still rising in value when it first entered that band(good). The lower MACD graph is showing that a turn is possible but how much of a drop is the question.
Early signs show a sideways movement with a drop likely and should be able to confirm in the next few days, but saying all of that the released financials can turn this on its head and move higher. So upwards likely at least for the near term.



This is a graph of QBE the area around $12.50 is showing a similar position Alk is at now.
DYOR, I'm still holding and will commit to buying on any weakness, finances permitting.

CONFUSED