ALQ not following through yet. In a relatively bullish market, ALQ continues to under-perform. The closest analog to ALQ could be BSL. Like ALQ, BSL dropped a large amount from around $14.30 down to $10.61. This is a ~ 26% fall. The first signal to go long on BSL was when price traded above the 28-day EMA on Oct 9th around $11.50. BSL is now $15.32.
ALQ could be in the process of forming a base where above average volume indicates accumulation. In retrospect, this is what occurred with BSL. But for now I won't be buying ALQ until we see more strength.
Current long portfolio:
(ACX_ALU_APT_APX_ASL_AVZ_A2M_BIG_BKL_BSL_CWY_LVH_MLX_NWH_NXT_ORE_SDF_SYR)
- Forums
- ASX - By Stock
- Chart Req
ALQ not following through yet. In a relatively bullish market,...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
$14.25 |
Change
-0.010(0.07%) |
Mkt cap ! $6.907B |
Open | High | Low | Value | Volume |
$14.28 | $14.32 | $14.16 | $5.896M | 413.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 5573 | $14.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.25 | 692 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 3123 | 14.230 |
17 | 2528 | 14.220 |
11 | 1709 | 14.210 |
10 | 5809 | 14.200 |
9 | 5747 | 14.190 |
Price($) | Vol. | No. |
---|---|---|
14.240 | 1238 | 9 |
14.250 | 2112 | 15 |
14.260 | 3466 | 10 |
14.270 | 4887 | 10 |
14.280 | 2888 | 9 |
Last trade - 15.42pm 02/10/2024 (20 minute delay) ? |
Featured News
ALQ (ASX) Chart |