Not sure how Js looks at it but from my perspective, I'm willing to place a greater than 50% probability that the breakdown from descending support proves to be a false breakdown given the company fundamental backdrop. I wouldn't bet the house on it but I expect chart 1 to end up looking like chart 2 within 8 - 10 month time-frame.
Alk Chart, page-2376
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $238.3M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.0¢ | 38.5¢ | $234.7K | 589.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |