ARH 0.00% 0.5¢ australasian resources limited

The break today downward suggets the next targets are 1.47 and...

  1. 27 Posts.
    The break today downward suggets the next targets are 1.47 and then 1.40. A minor uptrend line from march has been breached at 1.58. The large triangle pattern formed from the december high until now failed a breakout recently at 1.90 mid april and retreated to the march till now minor uptrend. Now that has broken it appears more waiting is going to be the main game. Unfortunately not great since everything else is moving upwards. Generally lagards will become more so in this type of market as holders give up after watvhing better performances across the board. Time will tell but the last 2 years still have not said much at all!
 
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Currently unlisted public company.

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