AQC 3.85% 12.5¢ australian pacific coal limited

AQC Chart, page-55

  1. 1,290 Posts.
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    To be honest, not much has changed. SP is still consolidating and holding above the 10ema, which is a good sign. Looking like 16c (where the 20ema and 50 fib retracement are) will be a major support level. RSI has turned up again along with the stochastic indicating possible momentum shift back upwards. break and close of 23c on volume would indicate the start of the next leg up. Overall, she is behaving very nicely even though the sector is in the toilet atm. However nothing is a given and the charts are meant to be used with proper risk management not as absolute prophecies. We still need the overall market and sector to behave themselves to see confidence in the SP.
    https://hotcopper.com.au/data/attachments/6437/6437154-b962055ba7276519f542580b5240a745.jpg
 
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
AQC (ASX) Chart
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