ASX stock Analysis ALK

ASX stock Analysis ALK

Time Frame : Daily Chart

Watching for Buy Entry Setup

ALK recently had a very bullish move off lows and has now pulled back to the breakout area around 0.80 cents. We are not watching to see if more buyers come back into the action to provide support and volume to engineer another move highs up and through 1.00. We expect that bulls will have some work to do in the current environment but the signs are there.

Stock : ASX stock ALK

Current Price : 0.83

Status : On watch for a move above 1.00