ALC 3.70% 5.6¢ alcidion group limited

ALC Chart, page-148

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    The WEEKLY chart highlights the testing, and back testing, of both the trigger line and the 'ml 1' line from the break out on 26/08. The price action over the previous 2 weeks, and so far this week, suggest the trigger line is now redundant and the next relevant upside test will be the 'ml' line.
    alc_ax19oct15_to_20dec16.png
 
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ALC (ASX) Chart
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