AR9 2.50% 7.8¢ archtis limited

General Comments/Chat, page-84

  1. 874 Posts.
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    Dear Dad

    Hey Charlie, old guy, that makes no sense, if 25 is hitting the top of your channel then what about the days when it has been 28, higher than the top of your channel?

    In fact my breakout prediction is still more likely by far than the continuation of the last years downward channel and yesterdays 24.5 was an outlier of a few thousand shares at the close auction, if it had ended at 26c my prediction would be undented.

    I say that you are pessimistic or unrealistic, I am optimistic and hopefully realistic, the next few days will be the judge.

    I dont know why anyone would dump a few thousand shares at 1.5c below market, except if they are manipulating SP or genuinely want to book a tax loss.

    The obvious prediction for today is it will jump up 1.5c at opening.

    All the best
    Your newfound son


 
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