ARL 8.04% 51.5¢ ardea resources limited

ARL chart, page-3721

  1. 103 Posts.
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    There are couple of resistance levels above 1$, but major technical support is around 1.98$ (I would say even tougher to break than current level) and if we should reach to that point for example in 5 days then it's hard to believe price would stay there or break through because we would be too far disconnected from 50 day MA. I think price action will then retrace 1.38 level.
 
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ARL (ASX) Chart
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