ALK 3.09% 47.0¢ alkane resources limited

I'd be interested in hearing from AC too but my...

  1. 2,748 Posts.
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    I'd be interested in hearing from AC too but my understanding is that the multiple attempts at it is weakening the 48 as support.
    The more hits, the weaker it gets and is therefore more likely to break.

    Seemed to hold today. Westpac is showing a low of 48 but i cant see any trades at that level which is weird. There was also some good volume sitting at 48 so hopefully that returns tomorrow.

    Happy to see it hold but I'm not rushing in to top up til we get some confirmation. Some good news would help but likely to hear about our CAI holding first which is a shocka :-(

    DYOR. GLTAH.
 
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