AUQ 0.00% 5.5¢ alara resources limited

Pick the low, page-108

  1. 15,750 Posts.
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    as requested.

    same wedge, better timing. big record volume reversal candlestick, then breach with engulfing candlestick (incomplete. will update friday. happy?)
    bullish OBV, RSI, Stochastic, MACD, Acc/Dist (not included, but can repost EOW if necessary)
    Wedge Target, headroom on top Bollinger band and 38% fib level all converging at about mid 5s, remarkable coincidence, roughly also the 200ema on the daily. That is a typical resistance level on a recovering chart, FWIW.

    medium term mid 5s target if the breakout/reversal holds.

    PS Forged, please remind yourself that i am only posting a technical analysis of price and volume. anyone who is a market participant needs to be aware that TA makes no consideration of fundamental factors, it is purely a form of "market force" analysis based on price and volume data.

    if you have an issue with the appropriateness of TA here, then in future, please don't ask for further charts. i am only too happy not to post them.

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