ASN 1.30% 7.8¢ anson resources limited

There is one factor that we need to be careful of. It's what...

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    https://hotcopper.com.au/data/attachments/5595/5595995-cde112d21a8635615a7a49d2e027216a.jpg

    There is one factor that we need to be careful of. It's what @hot_investor was mentioning, that the share price potentially could still be in the downtrend.

    After finding the similarities between ASN and BMN yesterday, I noticed that the current pattern looks like the last leg of the BMN downtrend, which unfortunately could be the case here.

    https://hotcopper.com.au/data/attachments/5596/5596069-551c45b595a69223f6552709d59a7a21.jpg


    It doesn't make much of a difference to Longs seeing as they will just hold strong throughout. I just thought I would mention it because it goes against what I was mentioning regarding the uptrend starting. Full disclosure, as a risk management measure I'm planning to sell and buy back, just as precaution.



 
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