ALU broke below trendline support today

  1. 5 Posts.

    Attached are the weekly-daily charts as well fundamental peer analysis and industry rotation analysis for ALU.


    ALU dropped by more than 9% today.


    Next support in both weekly and daily is around 19.7.


    Valuation is yellow, medium. Industry, Application Software is weak: recent score is low/color is magenta (bearish relative to other industries in Australia market).


    https://hotcopper.com.au/data/attachments/1361/1361088-8ad9268f0f9a716d44517225f6dc4998.jpg
    https://hotcopper.com.au/data/attachments/1361/1361090-03f10b132a79b6c66a8859fdaae9a6bd.jpg
    https://hotcopper.com.au/data/attachments/1361/1361092-e886b2a75a5ba4ea42e1d64d1970f972.jpg



 
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