ASE 0.00% 3.1¢ astute metals nl

chart update - looking bullish

  1. 1,094 Posts.
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    Hi all,
    Just having a refresher glimpse here to see how we are tracking. Clearly, we broke below the ascending support line (green line) not too long ago. However, the downward pressure wasn't very strong, hence we're looking at a situation where price looks to be rebounding again. Our current support appears to be around 0.9c (arrow), with a technical resistance around 1.1c (again, green line). If you're a technical indicator buff, you would have noticed a positive MACD cross-over occurring. If we get some momentum (eg. positive news) soon, we might see some of those upper resistance points challenged again...here's watchin'!! ;-)

    cheers
    S

 
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