ALQ closed above the $6.95 countback buy line. A simple SMS or e-mail alert from the broker is ideal for when price rises sufficiently to indicate a bullish reversal.
Slow stochastic crossed up above the 20 oversold zone. MACD daily almost crossing up.
One potential negative is that ALQ is still below the 200-day moving average. However, even though that increases the risk somewhat, ALQ could keep rising similar to what BSL did earlier this year after a sharp large fall.
If I buy ALQ on Monday, the stop loss is around the $6.60 level.
Chart Req, page-6
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Last
$15.65 |
Change
-0.250(1.57%) |
Mkt cap ! $7.583B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $15.99 | $15.53 | $12.66M | 808.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97 | $15.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.67 | 3254 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ALQ (ASX) Chart |