Folks: Firstly, A massive thumbs up to Ardea Team and Shareholders. Today's announcement is truly a "company making" announcement. Don't need to say much as we all know why. I thought I will take the opportunity to compare the actual price action with the analysis that I did back in March.
a) The 70c Level (+- 10%) did prove to be quite a sticky area. We struggled to meaningfully breach this up until the cusp of announcement.
b) Now the second key level is that "90c to $1" level where we have a strong history of resistance - especially around positive announcements and positive macro forces. I am not surprised to see this level is holding up despite a very positive announcement today.
As promised I will have a rethink and reassess where we go from here. But good to see this level holding up. To be honest - I rather we move slow and steady than go up fast and fall down fast.
- Forums
- ASX - By Stock
- ARL
- ARL chart
ARL chart, page-3751
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $85.86M |
Open | High | Low | Value | Volume |
45.0¢ | 45.0¢ | 42.5¢ | $27.74K | 64.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.425 |
2 | 1700 | 0.420 |
2 | 34390 | 0.410 |
1 | 25000 | 0.405 |
5 | 5782 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 15000 | 1 |
0.465 | 8333 | 1 |
0.480 | 5000 | 1 |
0.520 | 10575 | 2 |
0.540 | 18538 | 1 |
Last trade - 15.20pm 05/09/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |