Via weekly.
Inverted hammer 11/08/2019 - 1.5m vol. , low 50c / high 61c.
Previous break-out week of long term downtrend channel ~550k vol. , low 44c / high 50c.
Tested (and back tested) lows over last two weeks; no more gaps in my opinion.
Will close the weekly (this week) at 50c+.
52wk channel high 76.5c.
Break-out from long term horizontal resistance at 67/68c should find a more appropriate market cap.
Between 120m / 150m given peers is reasonable in the short term.
Good luck.
NL.
ARL chart, page-1457
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $96.84M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 50.5¢ | 48.0¢ | $44.28K | 89.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 914 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 9696 | 1 |
View Market Depth
| Last trade - 15.26pm 23/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |