AAR 1.61% 6.1¢ astral resources nl

Today looks like capitulation to me. Price action and charts...

  1. 8,987 Posts.
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    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
 
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Last trade - 15.59pm 01/05/2024 (20 minute delay) ?
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