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
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.7M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 59.5¢ | $51.56K | 85.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17379 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 1005 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
60.0¢ |
Change
0.000 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 61.0¢ | 59.5¢ | 13034 | ||
| Last updated 15.29pm 28/05/2024 ? | |||||
| ARL (ASX) Chart |