ASM 2.13% 46.0¢ australian strategic materials limited

I had to make small adjustments to the upper trend line. The...

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    I had to make small adjustments to the upper trend line. The price action is very clos to that line, so it needs to be perfect. The good news is that it now sits at $4.35 (today).
    We just closed at $4.42, so that means that this downward trendline has now been breached. Over the next day or two, this break to the upside needs to be confirmed. I believe it will be confirmed and it calls for happier days ahead. All I can say is good luck to the shorts covering from here on, but I believe their average would be around $8.00 so they still have plenty of time.


    https://hotcopper.com.au/data/attachments/4585/4585491-2f2ed40ad980c86edccafdd4410267d2.jpg


 
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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