ALU 0.69% $65.85 altium limited

Chart - Potential Breakout Imminent

  1. 408 Posts.
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    Very close to a potential breakout from small ascending triangle pattern. A breakout above 8.88 would be a breakout on both daily and weekly time frames which could lead to a substantial rally but no guarantees. Current price action appears to be unperturbed by general market bearishness. If it fails to breakout then it may fall back.

    Daily Bar Chart
    ALU Daily Breakout Potential 2017-06-09.png

    Weekly Bar Chart
    ALU Weekly Breakout Potential 2017-06-09.png
 
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ALU (ASX) Chart
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