Long

AKE.ASX Allkem LTD IH&S

Updated
Allkem looks to be printing an Inverse Head and Shoulder pattern on the 30 minute Chart as shown. This is a Bullish pattern.
The Head and Right Shoulder has been projected to show the possible targets.
Smash that Rocket Boost Button if you appreciate my Chart study.
Regards Graham.
Note
Stocks Tank on bad news.
Note
Pattern invalidated. Was too early on this.
Note
Allkem Target Price Cut 3% to A17.00/Share by Macquarie.
Will be interesting to see if a Failed IH&S later turns out Bullish?
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