Get started
ASTRAL FOODS LTD
Long

Astral Foods Pending Re-Entry

By LD_Perspectives
Astral Foods: Our last call on ARL (from 14350c on 28/01) saw the share make an immediate advance toward the target of 16000c. Since then, we have seen the share price test year-to-date highs of 17923c which is being followed by a short term consolidation. My next course of action is to monitor whether the price retraces to near the incline support or at least at around 16500c to 16300c, a level at which trader may want to set as a provisional buy/accumulation zone. Here, the stop-loss would be 15400c with a target of 19000c. Time Frame: Medium Term (2 - 6 months).
Chart PatternsTechnical IndicatorsTrend Analysis
LD_Perspectives

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.