AHY asaleo care limited

Below is a weekly chart of Asaleo Care Ltd (AHY). During the...

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    Below is a weekly chart of Asaleo Care Ltd (AHY).

    During the week SP was rejected at the $2.08 - $2.13 resistance area. However strong momentum should break this resistance over the next weeks.

    MACD histogram has continued to expand and is at its highest level (0.043) since the up-cross. After forming higher lows during the second-half of Q1, stochastics %K remains comfortably inside the bullish continuation region (90.83). Altogether - very bullish signals.

    IMO bullish over the next 6 - 12mths.

    20160513_ahyW.jpg
 
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Currently unlisted public company.

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