AJL 12.5% 0.9¢ aj lucas group limited

BTW even though I am not much on charts, seeing we are talking...

  1. 7,284 Posts.
    lightbulb Created with Sketch. 1129
    BTW even though I am not much on charts, seeing we are talking red/black place your bets etc here is my take on the last month or so of trading, except maybe for this last couple of days crash into mid teens.

    The prices are trending down BUT the on balance volume, MACD & RSI are all heading up. Also MACD has been crossed over to the positive, just, the whole time. In my amature chart brain that means that there is bigger volume on up days, money flowing in & accumulation going on.

    Also there has been a little BOT action lately which usually means larger institutions/brokers at work. For what reason I do not know, are they taking it lower to accumulate, who knows ?

    Grasping at straws here I know but just putting it out there as another idea.

    Heres hoping for a positve permitting outcome for us in July (or when ever snail works wakes up & hands over the report)

    AJL chart1.JPG
    .
    Last edited by hatmopit: 18/06/16
 
watchlist Created with Sketch. Add AJL (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $12.38M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $12.33K 1.429M

Buyers (Bids)

No. Vol. Price($)
3 2645110 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 272056 2
View Market Depth
Last trade - 15.26pm 11/09/2024 (20 minute delay) ?
AJL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.