AKE 0.00% $9.83 allkem limited

AKE Chart, page-3701

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    https://hotcopper.com.au/data/attachments/4904/4904983-03acd5b115da91c6bc908085043d20bb.jpg
    Looking at the latest chart, I tend to think that both candles on 24 and 28 November represent the Selling Climax. Then there was Automatic Rally up to $14.43, and then it was pushed down to $12.77 as Secondary Test.

    If what I think above is correct, then the trading range for this accumulation phase is roughly between $14.43 and $13.01. Secondary Tests will break the lower range. The confirmation that it is correct is next week the sp starts moving up toward the upper range.
 
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