ALC 5.00% 6.3¢ alcidion group limited

ALC Chart, page-1584

  1. 3,661 Posts.
    lightbulb Created with Sketch. 1056
    Maybe.

    I'm thinking this is just about the bottom for us. A little buy strength looks to have appeared.
    RSI sub 40, suggesting near oversold (but we all know that!), and bollies tight on low volume.
    Volume on the LHS for the last 18mths shows most here likely to be underwater.

    My call is we're about to see the start to the biggest RHS cup and handle formation in our short and dull history

    16-11-17.alc.PNG
 
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