Yep, the move back to 41.5 was close to the 38 breakout area, so doesn't feel we really need to test there again .
I note THL NZ is on the march higher again after a period of weakness, THL price action is reason I was very happy buying ATL 28/32 area in March, so it is a good omen
The breath of buying has improved from just Morgans to include Shaws, CS.
My only issue is 55/58 is such massive resistance, a break opens up 85/1.00 .. And as far as I can tell it could easily be 31 August (annual report) before we hear anything from the company.
ATL Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held