ARU 3.03% 17.0¢ arafura rare earths ltd

Hi all, just looking at Support and Resistance for ARU. Strong...

  1. 408 Posts.
    Hi all, just looking at Support and Resistance for ARU. Strong support at the 10c mark as for resistance out to 5 year chart broken all resistance. Looking at 5 year chart highest price 13c on 1/10/2017. 10 year chart 42.7 10/1/2012 and 64c 04/09/2011.

    I think we are in total uncharted territory at the time due to its been over 3 years since 13c and well over 9 years since 60c. The chart at this time show no resistance. Not being a total expert this could run long and hard before a pullback, we need to build support at the 20 - 25c mark before next big run. Unless soon know something different.

    Also there has been a lot f discussion re consolidation Extract (EXT) did one back in late 2008 10 for 1 so 9c shares became 90c shares, it meant due to a highly held stock that demand exploded on news, especially when RIO and Chinese got in.

    Good luck to holders
 
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Last
17.0¢
Change
0.005(3.03%)
Mkt cap ! $392.7M
Open High Low Value Volume
16.5¢ 17.5¢ 16.5¢ $1.087M 6.408M

Buyers (Bids)

No. Vol. Price($)
1 29410 17.0¢
 

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Price($) Vol. No.
17.5¢ 934084 20
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
ARU (ASX) Chart
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