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ASX 300. Will it hold the price & RSI uptrend lines?
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ASX 300. Will it hold the price & RSI uptrend lines?
By deCarbonMan
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Updated
Jan 11, 2022
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Jan 9, 2022
Given the aluminum price rises this should hold.
Both the price and RSI trends need to hold
But, is that a bear flag or a uptrend channel?
There was some positive divergence at the bottom of the downtrend so it should be good.
Price target would be $2.28
Jan 11, 2022
Note
Not a bear flag. Target is the upper bounds of the top channel
Trend Analysis
deCarbonMan
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