hlncapital

ALL - Long position - Breakout

Long
ASX:ALL   ARISTOCRAT LEISURE LIMITED
Weekly 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).

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