ALC 21.8% 6.7¢ alcidion group limited

chart & chat, page-2261

  1. 1,861 Posts.
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    At last an announcement with a bit more substance.
    After an extended period of real underperformance here the chart to me is looking more constructive.
    For me I'd like to see the price close above 0.071¢, hold & bounce after that.
    The Chart: (Weekly we don't day trade)
    Double bottom confirmed (red arrows), break of long term DT line, break of DT channel, Volume rising, Dow theory entry 0.072¢ + once price has closed, re tested & held that 0.071¢ level.
    Higher resistance/target levels as marked.

    ALC_2024-07-24.png
    As I see it. Obviously DYOR

    Best all
    MR
 
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Last trade - 15.59pm 24/07/2024 (20 minute delay) ?
ALC (ASX) Chart
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