Anyone else seeing a bull flag in the chart? The pole I'm calculating from 12c to 30c. Flag forming from the price action since hitting 30c, basically just draw a line at the top and bottom of the range since then. Target if this flag breaks upwards would be extending that 18c line, from the bottom of the flag let's say from around 20c, so a move to 38c could technically be on the cards if we break 24c which is well over 50% upside in the short term.
We are just consolidating at the moment while we are awaiting more news, but the technicals are lining up for another explosive move to the upside.
ARU Chart Thread, page-103
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $455.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $342.2K | 1.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 404234 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 726011 | 22 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |