Jaknoph

ARE 4h momentum

ASX:ARE   ARGONAUT FPO
7 0 3
ARE recently violated some important moving averages it has held well since it broke away from 0.008. That being said it has held 0.025 on lowering volume followed by a weak bounce into resistance 0.028. I feel it needs more time to reset and show more support at these levels before more supply breaks it lower. I am currently long and have been for a while with derisking etc.
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