6. If $1.26 fails to hold , there is no support in the chart at the 50% fibonacci retracement level.
7. There is however support at the 38.2% level of 78c and again at the 23.6% fib level of 48c."
The above is a quote from my post of 2 months ago when queried on my SP valuation at the time.
So now we are here : $0.78 . Technically there is some support at this level , however if this fails to hold we are more than likely headed for $0.48 or 23.6% of it's high less than 6 months ago...........Until the drill bit produces the goods , I can't see any change...........unfortunately.
My opinion only , DYOR.
AL8 - Chart, page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.499M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.307K | 1.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 25909402 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11549689 | 12 |
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| Last trade - 14.09pm 04/10/2024 (20 minute delay) ? |
| AL8 (ASX) Chart |