ALC 1.67% 5.9¢ alcidion group limited

ALC Chart, page-1905

  1. 1,431 Posts.
    lightbulb Created with Sketch. 97
    Following on from the chart posted by @Saragian, the 5c line looks like it will be a key point to break. See chart below (weekly TF)

    It proved a support line previously, and subsequently resistance. Not surprising given it marks the crossing of a psychological price barrier.

    Might be a bit of churn in the 4's till we make a convincing break of the 5 line (and maybe Buzza and co let up on selling cheap? Just a thought)

    No rush, it will happen in due course imo

    ALC Weekly 06_05_18.PNG
 
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ALC (ASX) Chart
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