AUQ 2.78% 3.5¢ alara resources limited

reversal week?

  1. 15,824 Posts.
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    although the GM which marks the turning point is still a week and a half away, there's early indications on the chart that this might be the bottom of the downtrend.

    price just bulling back inside the bollies, usually this would lead to a test of either the middle or upper band. in either case, that would constitute a breach of the downtrend.

    supporting this is the stochastics being in oversold for the second time in a month.

    in fairness, not alot else looks bullish here, nothing on MACD, RSI or OBV, but i figured Arsenic would be forming conspiracy theories about me by now so i thought i'd put it out there for consideration.

 
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