AR9 7.50% 7.4¢ archtis limited

General Comments/Chat, page-97

  1. 483 Posts.
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    I agree, it had a false break out mid June, it has support at 24 and 22.5 cents . The long term downtrend is still in play. A potential shorter term falling wedge may play out. Good announcements leading up to quarterly can break this downtrend. Strong fundamentals but weak investor sentiment. Still issues with their investor relations and reporting. Potentially carry on effect from their mess up in Jan. As you can see from the RSI and MACD, it's just going through the TA motions. Might find a floor soon and just travel sideways before a good report moves us up.

    https://hotcopper.com.au/data/attachments/3293/3293377-c257f5c3aa02c19228ae72feb9ab2cea.jpg

 
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