AUQ 14.0% 5.7¢ alara resources limited

now what?

  1. 15,732 Posts.
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    as ever, pretty obvious with hindsight, but you can't blame small retail for not being confident enough to take advantage:


    so the big question is, if in order, what is our preliminary price target from a technical point of view?

    a typical target i have seen on this sort of set up would be the 200ema, particularly if daytraders jump onboard on the day. coincides with a big gap in the chart to 17c from after the positive DFS announcement, back in Shankar Madan's day. still the biggest volume day on record, so probably our main resistance price




 
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5.7¢
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
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