AGS 0.00% 18.0¢ alliance resources limited

no new year cheer(ing) just yet.

  1. 6,671 Posts.
    lightbulb Created with Sketch. 249
    Hello all

    For the time being at least, it looks like the share price has stabilized and looks to be setting up for a classical double bottom on the charts.

    A drift down from here into the fifties leading into the hearing dates late Janlate Feb and some positives coming from the hearings would sustain the share price until this mess is sorted.

    Then, when/if the mine goes ahead, looking back you have the classic text book double bottom, that all the Chartist drool over...as they point it out!.lol

    Thats the ideal scenario...I wont talk about the not so ideal scenario with any unfavourable outcomes from the hearings!

    Still,imo, a coupla months before a defining change in the trend can be sustained.

    Good luck all in the New Year.

    Sm

    PS I dont follow charts but am aware of them. lol

 
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