AOH 0.00% 12.0¢ altona mining limited

chart, page-18

  1. 25,374 Posts.
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    Time for a little update for those concerned the breakout stalled again at the 31 resistance ,into an accumulation phase,
    Heres a ST trading template, it shows a 28 entry and a
    CBL 3 x period Count Back Line 28 Trailing stoploss, you can also see the support /resistance history at .285,
    momentum oscillators are all bearing down (including todays somewhat piddly volumes) so one needs to keep a watch or set conditional orders at the stoploss..
    I know zilch about the fundamentals but did I read a placement at 30 ?...around that is going to be a fairly sticky price level
    (as support)imo ..In favour ,an ascending triangle appears to be the next price pattern forming...
    Just my view
    Erich may correct me at any time.



 
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