$ALL in. Great stock coming out of a 6 month base.Little bit of shakenbake here which i love. Looking to buy on volume 34.25
ALL trade ideas
ALL - Long position - BreakoutWeekly chart breakout.
Long term resistance at $32.96 was clearly broken on the back of strong earnings results. Awaiting retest of new support (old resistance).
Chart also shows the power of the golden cross of the WMAs which occured on 25/03/2019. Price broke through 15 week WMA at the time (this was the buy indicator).
a major resistant line is breaking up...if confirm ta major resistant line is breaking up...if confirm this in next 2 days and we should see a great long potential
Aristocrat Leisure to resume bullish trendAfter an extended period of sideways consolidation our analysis shows the Aristocrat is ready to resume it's bullish trend, making it an ideal time to buy.
ALL to continue bullish momentum with a 3.03% Potential gainEntry = $29.05
Stop Loss = $28.17
Take Profit = $29.93
Godspeed
Aristocrat Leisure is trading on price to a twenty weeks highAristocrat Leisure shares price is trading on price to a twenty weeks high of $25.65.
Prediction shares price target around 11 per cent or $28.58.
Business Summary.
Aristocrat Leisure Limited provides gaming solutions.
The Company's principal activities include design, development and distribution of gaming content, platforms and systems.
The Company's segments include The Americas; Australia and New Zealand, Digital, and International Class III.
Aristocrat Leisure offers a range of products and services, including electronic gaming machines and casino management systems.
The Company also operates within the online social gaming and real money wager markets. The Company, through Video Gaming Technologies, Inc. (VGT), develops, manufactures and distributes casino games for the Class II and emerging markets.
It offers Oasis 360, which is a casino management system and contains a portfolio of open-platform technologies. It also offers System 7000 casino management system.
The System 7000 family includes System 7000 PRIME, System 7000 eCo and System 7000 Atom.
Its ARC cabinets offer a cinematic experience with sweeping, curved and touch-screen technology.
$ALL.AX a consv 17% drop puts this near 200dma. Aiming for 27$ALL.AX a consv 17% drop puts this near 200dma
$ALL.AX Aristocrat correction after nearing Fib 200 #ASX200$ALL.AX Aristocrat correction unfolding #ASX200
ALL hitting channel resistance . Shorting some via Warrants ALL hitting channel resistance . Shorting some via Warrants
ALL set for a pullback then continuation Aristocrat is Heading up with likely acceptance above $22.00, expecting a pullback to $22.60 to probe for buyers before further bull
ALL longALL base formed after nice run up this year. Pocket pivot coincided with TL break. Gap up today on volume through resistance at 22.
$ALL being accumulatedThe tight ~12% trading range since late July shows that $ALL is potentially under accumulation with the Sign of Strength today (wide range bar, high volume & high close). If this turns out to be the case then this will be the end of the correction that started in mid-June and the continuation of the long-term uptrend.
Just have to be cautious because it's a late-stage base but follow the trend until it ends imo.
