Yep, looks like a "Cup & Handle" pattern to me. It's a shame it isn't a chart of the ARL stock price!
Here's the ARL Monthly chart. Looks like ARL has been stuck in a sideways trading range between 80c and $1 for the last 3 months.
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ARL chart, page-3301
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 (20min delay)
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Last
63.0¢ |
Change
-0.010(1.56%) |
Mkt cap ! $125.7M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.5¢ | 63.0¢ | $48.05K | 74.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 1176 | 1 |
View Market Depth
| Last trade - 15.45pm 14/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
Change
-0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 65.0¢ | 65.5¢ | 62.5¢ | 20217 | ||
| Last updated 15.36pm 14/05/2024 ? | |||||
| ARL (ASX) Chart |