Aristocrat is at an interesting juncture.
Below is its 10-year daily chart with a 200 simple moving average.
It looks like its testing its 200-day average again.
Over the past 5 odd years it has managed to find support and trade higher every time the 200 day has been tested.
Chances are it will find support and bounce, but if it doesn't then we might be (finally) seeing a change in sentiment.
If it breaks then the next level of support will be somewhere around $24 to $25 (if it breaks through that then its a wounded animal)
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Aristocrat is at an interesting juncture. Below is its 10-year...
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