ALK 2.83% 54.5¢ alkane resources limited

Hi Liepzig.I think that descending triangle is done and dusted....

  1. 3,690 Posts.
    Hi Liepzig.

    I think that descending triangle is done and dusted. For a price breakout to occur there needs to be an increase in volume which hasn't occurred. This is occurring all over the market at the moment where there is very little volume because of Europe so the patterns can be forgotten.

    Hi UTSStudent

    Unfortunately the shorts can cover off market. There are very few short squeezes that I have seen but maybe this time it can occur.
 
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Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
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