AAJ 3.70% 2.8¢ aruma resources limited

Some TA points of interest below.Purple - 200 EMA has held for...

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    Some TA points of interest below.

    Purple - 200 EMA has held for now, which aligns with the yellow trendline.
    Orange - if the 200 EMA fails, then expect support to come in at Spt1 and Spt 2 lines.
    MACD - will continue to nose dive as spt levels are discovered and tested.
    Volume - needs to settle at the 1M per day level to confirm spt lvls.

    https://hotcopper.com.au/data/attachments/4298/4298889-ac1263ad94c3e15ea9953c0328095229.jpg

    FA
    - SOI good
    - Cash good
    - MC good
    - Further Li drilling results soon

    The bottom can't be too far away from here.

    BD for the 21/4 shows a massive pro dump into retail

    https://hotcopper.com.au/data/attachments/4298/4298884-cf5c21e5f20ff387b2a13272a5fe3c00.jpg

    GLTAH - I'm happy to wait for the dust to settle further.
 
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