- overall down trend to continue - supply zone rt will wait again for better discount entry. - set alert, wait if and when price structure builds and supports idea looking for 2.50 region if price action becomes present.
Shares price target 10 per cent or $2.81 Business Summary. Alliance Aviation Services Limited is an aviation services provider. The Company operates as an air charter operator in Australia, and provides a service various sectors, including tourism, corporate, sporting, entertainment and media, educational, and the government. The Company's primary business is...
ASX:AQZ is now testing the bottom of the trendline. If broken, look for support at $1.685. Alliance Aviation looks like a good buy now, however, the risk of it falling out of the channel is still present because the RSI has yet to curl up and the 10 and 21 ema(s) are starting to curl downwards. I wouldn't catch the falling knife although some people love...
No indications of sell signal by Midas Touch
This chart looks like its set. Obvious res at 1.50 and some really nice tightening of the price above key ma's.
$AQZ has been in a steady uptrend ever since it broke out of an 8-month long consolidation trading range back in May. The move above the minor pivot of $1.20 on strong volume yesterday may indicate a breakout of the 6 weeks flat base in the short-term. This is also the first time it has come back and then bounced off the 10WMA, which is another indication that the...