AJL 12.5% 0.7¢ aj lucas group limited

retrace opportunity, page-18

  1. 1,471 Posts.
    speves, hi, couldnt comment last week sry ;-)

    my read is its borderline at $3.50

    to my thinking $3.50 will become the support line for a consolidation before a new rise/ uptrend, if it holds

    for now the trend has broken and $3.50 is providing upside resistance.

    I can see it falling away from $3.50, and possibly even testing $3 again.


    will be watching the action around $3.50 for the signals




    any news on ATP651 and we will see $3.50 become new base as $3 was before.





    ok, thats enough of me writing $3.50 but you get the idea..

    GL.




    a good trade if $3.50 holds and confirms.


    otherwise it will drift.
 
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