Any company's stock chart merely reflects the mood of the market towards that stock, generally over short time frames.
ALK's rounding bottom pattern indicates a slow steady accumulation and possible re-rating of this stock.
I hold. I like the buying today at 26 cents because it indicates the first breakdown of sellers sitting at the 25 to 25.5 cent range.
Gold bugs, put ALK on your watchlist.
DYOR.
Rounding Bottom Pattern
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Add ALK (ASX) to my watchlist
 (20min delay)
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Last
52.0¢ |
Change
-0.005(0.95%) |
Mkt cap ! $313.8M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.5¢ | 50.5¢ | $623.0K | 1.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 51385 | 2 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |