ARL 6.25% 37.5¢ ardea resources limited

ARL chart, page-3298

  1. 2,808 Posts.
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    epic long term consolidation has played out all the way back to the 2017 break of $2

    the longer the trading range holds, the bigger the break out or break down

    looking at the rising lows, and the cresendo of strategic partner interest building, my bet is we are setting up for a break out for real now

    The last run at $2 didn't have FA to push it all the way

    Strategic partner in December or Jan will see the $3.50 target in play (the break from ATH being 1.40, the height of the ATH to support at 70c)

    On the right deal with the right partner, I see us going past $1b - ergo $5 is in play

    gltah
 
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No. Vol. Price($)
1 14286 37.5¢
 

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Price($) Vol. No.
40.0¢ 1729 1
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Last trade - 15.26pm 04/10/2024 (20 minute delay) ?
ARL (ASX) Chart
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