ALL 1.66% $66.49 aristocrat leisure limited

Plenty of reasons why ALL is down today. ASX down 0.8%, Ex-div...

  1. 1,384 Posts.
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    Plenty of reasons why ALL is down today. ASX down 0.8%, Ex-div date, below EMA 200, MACD is bearish, some large sells lately, weak bounce, and share price declining on huge volume (especially the day ALL decreased by 7%).

    To state the obvious ALL is currently in a bearish trend. Those buying 'the dip' it may be alright in the long, long-term, but from what I personally see, this could continue to slide. Watching $23.02 (or around there) for some sort of bounce. If no bounce or reprieve at the $23.02 level, the next level to come into play is $22.60 then $22.30 based on Fib's.

    Not worth buying or accumulating until we see some sort of slow-down/reversal or a change in overall market sentiment.

    Dalto24
    Last edited by dalto24: 04/12/18
 
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