ALC 3.57% 5.4¢ alcidion group limited

ALC Chart, page-561

  1. 3,661 Posts.
    lightbulb Created with Sketch. 1056
    Screaming buy this imo, as an 'about to be' holder.

    I've looked back over ALC's historical reaction to the 61.8, and see that this is the 3rd time there has been a shake at the fib. In each case it was very short lived.
    Here's one of the examples;

    08-02-17.ALC#2.PNG
    I see 0.073 as somewhat of a risk, and will be keeping powder dry if it dips there, but very, very happy to take a position @ 0.075.
    This week will tell me if I'm right!

    GLA
 
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