ACR acrux limited
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resistance at 80c?

  1. Wazz101
    890 Posts.
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    26/05/16
    11:56
    Post #: 17872282
    Just doing a quick scan over May - ACR up by 17%, with market up 2%, so plenty of positive momentum continuing to build into FYA results. Analysts now quoting earnings of 9c, for FY16 PE of 7, so fundamentals still very supportive.

    On the technicals, the trend off the March lows continue and I see resistance at 80c.

    thoughts anyone? acr.png
    ACR Price at posting: 71.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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