ALC Chart, page-44

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01/10/16

09:52

Post #: 19556270
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Originally posted by peejayhercules ↑

Consolidation of the breakout.

A lot of shares purchased between 6.4 and 7.0 during the last run might see some traders settling on getting their money back after the 21% drop from 7.0?

A little traffic on the 6.4 to 7.0 highway might see us go up pip by pip, but hopefully we can move a bit faster on the 7.1 freeway.

A couple of guesses at the run so far 8.6 (Nov2015 peak), 8.7, and 9.7.
Trying to figure out where 9.7 comes from. You could look at the SP moving from 4.2 to 7.0, which was an increase of 2.8. Add 2.8 to 7.0 gives you 9.8. Maybe that's where it comes from? Some calculations of the estimate would be much appreciated please.

Once you get close to that 10 psychological barrier, you occasionally get a crazy run up to 13 or 14, before it plummets back below 10. If you see it grab it, you've got to be real quick.

The annual report was brilliant. This is a real winner.

Have a great weekend.

View attachment 274580

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Run up to 0.13 etc (euphoria) after breaching 0.10 is always a hard one. You fall in love with the teens, believe it's going higher, only to see it drop below 0.10 and then mourn profit lost.

BUT! that is if you are trading. Investing is different matter.

I asume you mean to grab more below 0.10 after it spikes in the teens when you say "if you see it, grab it, gotta be real quick".

Similar memories - PSY, FAR etc. But let's hope for a RAP.

ALC Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.4¢		Change -0.001(1.18%)		Mkt cap ! $112.7M

Open	High	Low	Value	Volume
8.4¢	8.4¢	8.4¢	$2.117K	25.20K

Buyers (Bids)

No.	Vol.	Price($)
1	80000	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.4¢	22960	3

View Market Depth

No.	Vol.	Price($)
1	80000	0.083
2	158743	0.082
1	37040	0.081
1	249962	0.080
3	78470	0.078

Price($)	Vol.	No.
0.084	22960	3
0.085	437582	5
0.088	11910	1
0.090	349874	5
0.091	114560	2

Last trade - 10.32am 26/08/2024 (20 minute delay)

ALC (ASX) Chart

ALC Chart, page-44

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ALC Chart, page-44

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