ARU 1.43% 17.3¢ arafura rare earths ltd

last trade at 16c but you get the picture.no volume. no news...

  1. 1,888 Posts.
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    last trade at 16c but you get the picture.
    no volume. no news even though the big dog is on a junket.
    price needs to either move up or down to create some volume. all you can do is wait for confirmation.
    what happens next? $20 mill in the bank. rinse and repeat in another 6 months at lower prices.
    15.5c to 16c accumulation or distribution.
    16c to me has become a strong resistance. if she breaks higher however lots of overhead resistance to overcome.
    https://hotcopper.com.au/data/attachments/6416/6416135-2a381565e0a315a86d075f8efbc2e055.jpg
 
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