re: high of 8.8c today close 8.2c Lot of selling going on but...

  1. 500 Posts.
    re: high of 8.8c today close 8.2c Lot of selling going on but the/a buyer is there?

    The low range price action is very promising for a bottom.

    Next upside target at 7.1c which is the coincidence of an old chart high and the target of the mini DB pattern?

    Resistance at 8.4c and 9.7c. A close below 5.8c and it will likely test the 5.4c level.

    Both the Parabolic and MACD suggest a buy
    Have not yet checked fundementals but they (ANL) seem to be paying their way which is increasing there profitability




    I decided to have a small punt at 7.9 cents today

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.