ALC 3.57% 5.8¢ alcidion group limited

ALC Chart, page-460

  1. 6,665 Posts.
    lightbulb Created with Sketch. 1539
    Sorry Gerrado, I think I see where you're coming from, which is the Parabolic Chart summary I drew attention to on the 30th November.

    I'll draw a couple of lines on the ALC chart so you can compare the two.


    alc_ax20jun16_to_17dec16 parab.jpg

    Now, whichever way you look at where the "run" is, 10.5 becomes a very important technical position on the chart.

    I believe it will hold due to the Institutional and High-Level investor support we have been presenting to, but I will be very relieved to see us bounce from here.

    Best wishes.
 
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ALC (ASX) Chart
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