The bottom of the channel at 7.5c was indeed buy time ,
Broken through the medium term downtrend,
It may backtest the breakout at 9.4c but good chance of steady movement here through next resistance at 11c, near term targets of 12.5c and 15c don't look difficult.
A company actually earning real money makes a pleasant change among penny stocks!
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ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
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