ALU 0.00% $67.33 altium limited

Weekly chartGap opened 4 June - 7 June 2021 @ $27.47 - $35.50 is...

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    Weekly chart

    Gap opened 4 June - 7 June 2021 @ $27.47 - $35.50 is now closed. Price close to long term (5-yr) 50% fibonacci retracement level. Important for price to respect the green oblique trend line from 2018. Might see a deliberate push beneath it to 61.8% fibonacci level but depends on whether tech sector finds buyers. Let's be honest, the whole sector is very oversold, along with healthcare.

    Edit: just saw your analysis above @Lies&damnlies - nice work

    https://hotcopper.com.au/data/attachments/4337/4337740-19e1f323c352e46c41300e86253c44f2.jpg


    Last edited by FreedomInvestor: 12/05/22
 
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