ALK 1.15% 44.0¢ alkane resources limited

Alk Chart, page-2331

  1. 2,671 Posts.
    lightbulb Created with Sketch. 175
    You mentioned this being the 7th hit of 48.
    I'm counting this as the 6th in recent times. There were two others back in Feb, one of which pierced down to 46 but closed above.
    Do we go back that far to count the hits?

    My H&S (whether it is or not tongue.png ) neckline is around 56. We did close above that back in June but never confirmed with a full candle above so i think technically and unfortunately, that means it's not been negated.
    Target for it is 43, think we differ slightly on that. Either way, depressing.

    September 2019 gap...on the daily....well no-one wants to imagine those numbers so I'll do what I did when I first started in ALK...ignore it redface.png

    Closed at 48 so just the pierce of it today. Phew. Problem is, I don't see what we have left in our arsenal to keep it from breaking frown.png
    Maybe the only positive is to keep some powder dry and buy the snot out of this thing if it drops any lower?
    GLTAH.
 
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