Good Call! Monday the 19th=The Day of ASX 300 inclusion, will b interesting, to say the least! So is ARU!
Sept Charts
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Monthly.
At this stage mid-month, the chart is very bullish & looking like there is still more in the tank.
Having conclusively broken the old 2018 high the target if the re-rate continues is 60 – 63 on the monthly time frame.
I would be more than happy if that happens but a close above 55 will be just as good.
There are a couple of logical support areas in the event of a pull back, 55 is the first but at this stage may become resistance. Then 48 then into the area of 45 – 48 of the main body of the candle at this stage.
If the monthly follows the current pattern of the daily & weekly, we may see another big green candle in Oct.
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