AAR
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8.22% 7.9¢ astral resources nl

Ann: Resources Rising Stars Summer Series Presentation, page-52

  1. binwood
    9,046 Posts.
    lightbulb Created with Sketch. 3916
    clock Created with Sketch.
    01/03/24
    14:04
    Post #: 72695936
    Today looks like capitulation to me. Price action and charts wise.

    Daily chart:

    https://hotcopper.com.au/data/attachments/6001/6001326-4ff5a9968a81b6d65f01e51138286129.jpg

    Weekly

    https://hotcopper.com.au/data/attachments/6001/6001327-719b7967eaf2a1f66bcccb23fa2d49ea.jpg

    Monthly

    https://hotcopper.com.au/data/attachments/6001/6001328-0b19882590ec6cbd705de3ba4e562895.jpg


    Can see support in this area going back quite some time. Momentum indicators on different time frames hitting oversold etc.

    IF we puke through here and don't bounce quickly could get quite ugly. If that happens can only think we are a walking target for Goldfields et al
    AAR Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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