The only gap I care about is the one up at 123c. High Volume Gap edges do tend to provide reliable support and resistance levels.
Anyone follow Ichimoku Charts. My Ichi chart is shown below. The SP is now well above the Ichi Cloud. It hasn't been in this sort of formation since late 2017. The relatively high volume price action associated with the recent up move is very encouraging.
Take note of the orange and blue dotted MAs on the chart as well. These are the 200 SMA and the 50 SMA.
Looks like a "Golden Cross" is imminent.
Good luck everyone. All IMO.
ARL chart, page-1618
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76960 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 72533 | 3 |
View Market Depth
| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |