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
60.5¢ |
Change
0.010(1.68%) |
Mkt cap ! $120.7M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 59.0¢ | $24.88K | 41.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1185 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 17737 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
60.5¢ |
Change
0.010 ( 1.68 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 60.5¢ | 59.0¢ | 13444 | ||
| Last updated 15.26pm 30/05/2024 ? | |||||
| ARL (ASX) Chart |