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For those new to Technical Analysis there may be an opportunity to learn in real time daily from a stock that has just been demerged to go it alone on the ASX.It is ASM, formerly a part of ALK. There is no need to look it up, but I would suggest to observe price action.It is three days old, 3 bars on the chart at 12.35 pm on the third day.What is the trend.Are there trend lines.Any evidence of support.Where might it find supportwhere is resistance.Would you buy it.Where would you put a stop loss.Perhaps [USER=257]@tech/a[/USER] might comment at some stage.[ATTACH=full]106856[/ATTACH]gg
For those new to Technical Analysis there may be an opportunity to learn in real time daily from a stock that has just been demerged to go it alone on the ASX.
It is ASM, formerly a part of ALK. There is no need to look it up, but I would suggest to observe price action.
It is three days old, 3 bars on the chart at 12.35 pm on the third day.
What is the trend.
Are there trend lines.
Any evidence of support.
Where might it find support
where is resistance.
Would you buy it.
Where would you put a stop loss.
Perhaps [USER=257]@tech/a[/USER] might comment at some stage.
[ATTACH=full]106856[/ATTACH]
gg
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