ALK 1.28% 39.5¢ alkane resources limited

Not sure how Js looks at it but from my perspective, I'm willing...

  1. 2,095 Posts.
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    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.

    https://hotcopper.com.au/data/attachments/6362/6362866-1c85354f05f127a8540e0b30aff3cefc.jpg

    https://hotcopper.com.au/data/attachments/6362/6362871-7accc0bf8b92cabf7f7b4d246099ee2f.jpg


    Last edited by BullishBearish: 06/08/24
 
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