ASM 1.06% 47.5¢ australian strategic materials limited

ASM Chart Thread, page-4280

  1. 12,352 Posts.
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    Good morning,
    Market to open down on Monday - 30
    looks like the Christmas rally has been thrown out
    the window..
    As next week is the last trading week, and probably a short day Friday,
    this chart for Monday will do for the week, as all the nos are on the chart for you.. support/resistance, as shopping needs to be attended to and Christmas wrapping
    ok back to the chart..
    Supports for Monday are 1036, below that then 984, 904,891,
    and if it gets that low, get your money ready, as she will be eyeing of the gap fill at 762 from 16th July '21 left from TH, and it is a 17 tic gap.. a big gap to leave behind.
    it is good that you are made aware of just in case as the big boys would have it marked..
    Price has now closed below all her ema's , for upside on Monday she will need to take out 1121 to start. .check the ema's top right hand corner of chart for more upside, but you realize that as price drops so will the ema's.
    Stochastic couldn't make it to the -30 on chart and has turned down..
    I think that about covers everything for the time being
    sorry i haven't got better news for you, but it is what it is, on that note,
    I wish you all a very Happy Christmas, and a very Safe, Healthy New Year
    see/chat to you in the new year
    take care
    chart below
    ac
    https://hotcopper.com.au/data/attachments/3905/3905662-a414a57492fcf4b3b2bd163354681d3d.jpg

 
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