ARH 0.00% 0.5¢ australasian resources limited

price target

  1. 1,288 Posts.
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    My chart is showing a classic cup and handle formation with a top of 19 and a bottom of 3 cents pointing to a target of 35 cents. Today we saw a breakout to 20.5 cents and a retest of support at 19 cents. It's not uncommon for a stock to test support before pushing higher. A breakout will occur when the share price pushes strongly through 20 cents on solid volume.
 
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