Getting into the tail end of a wedge formed across last few days.
Usually indicates bulls attempting to push into and meeting supply and then getting exhausted. Last push lacking any follow through on most recent upthrust makes it a bearish upthrust.
Think if you are looking to go any more long then wait until price tests the demand trend line in coming days (ie black trend line). 70c maybe?
ALK chart, page-163
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $269.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 46.0¢ | 42.0¢ | $600.8K | 1.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21499 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 70077 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |