AB1 0.00% 18.0¢ abarta resources limited

Bear Trap?, page-8

  1. 269 Posts.
    lightbulb Created with Sketch. 50
    Of course the 4c will be positive again.
    But isnt that expectation already priced in the chart? ;-)
    if stock exchange would be so easy than the big players would have bought all they can get for the announcement of the numbers coming in a few days.

    We have clearly a downtrend since December 12th.
    And the downtrend goes even back to since September 19th when the chart couldnt go through 11 Cents.
    Unfortunately the small "crash" two days ago (although it recovered a day later) went massively through the supporting line beginning with June 21st. This makes me very anxious and cautious.

    Even 6.6 is possible this first half year.

    I hope for further good news and stay long.
    Cant trade it back and forth because Animoca made so many announcements and changes the last 6 month.
    Chances are high that more news could come also the next weeks and months with also a big one that could change big and make my chart analysis worthless.
 
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