ALZ australand property group

alert - downtrend broken - alert

  1. 1,331 Posts.
    You heard it here first... Australand has broken it's downtrend. I would look for further confirmation (ie several closes above resistence line beginning feb 11th, 2005 and MMA crossovers etc). However, the huge volume of past few days could be aggressive traders taking positions in anticipation of this breakout. Market depth suggests it's a possibility.

    SM69
 
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