AJL 0.00% 0.9¢ aj lucas group limited

AJL Chart, page-4

  1. 904 Posts.
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    There are good signs here: SP has bottomed(?) and SP/indicators positive convergences (as underlined). The question is, if the SP continues to rise, how far high will it rise? Will it be yet another spike or a steady rise. As the bottom indicator shows, AJL has been deeply deeply oversold (-25), but this indicator of price action has been rising for some time. The slow rise over time suggests it may be a steady rise... or not.

    https://hotcopper.com.au/data/attachments/3411/3411776-e994eabb26b919d41bcf37fd3e295ecc.jpg




 
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