some call it "the penny dropped" day...
I call it a brain snap... and I think you may be right BUT until the fat lady sings there is no chance you will sell and walk away...
I wouldn't - simply because I most of the time look at the chart for a confirmation and that chart tells me "a pregnant pause".... from a technical POV this had run ahead of itself and in my TA post I had mentioned " OVERBOUGHT"... 2 things happen in that case - (a) a rapid decline or (b) loses the plot and aims for 15-20 trading days without falling in a heap (but does lose 5-10% of the value)...
we are in TYPE (b) fortunately... and on top of that GOLD has lost the plot completely - it was on a nice little canter upto March and now doesn't know where it wants to go... for AAR this gold move couldn't have come at a more worse time...
I think we may see this type of listless movement on AAR and GOLD for the next 8-10 days more before it can set on the right track...
if this falls to 6c or under, it will lose the special status I have for AAR.... until then I will hang in here... for me it is still not a man's best friend but an equine being...
- Forums
- ASX - By Stock
- AAR
- Ann: Commencement of Drilling at Koongie Park Gold Project
Ann: Commencement of Drilling at Koongie Park Gold Project, page-10
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AAR (ASX) to my watchlist
|
|||||
Last
8.5¢ |
Change
0.007(8.97%) |
Mkt cap ! $79.49M |
Open | High | Low | Value | Volume |
7.8¢ | 8.8¢ | 7.8¢ | $282.0K | 3.343M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34320 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 331299 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34320 | 0.083 |
1 | 100000 | 0.082 |
1 | 125000 | 0.080 |
2 | 150411 | 0.079 |
3 | 203805 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 331299 | 2 |
0.088 | 6048 | 1 |
0.090 | 50000 | 1 |
0.091 | 20266 | 1 |
0.095 | 7200 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
AAR (ASX) Chart |