JSE:ARL Astral Food Markup to Start

5 בפבר׳ 2020

After a downtrend and selling climax (SC) Astral Food has been in a trading range for most of 2019. This looks like an accumulation trading range. There has been signs of strength (SOS) with an upthrust in May and markup in Phase D in November/December. After a backup (BU) on decreasing volume back to the yearly pivot point some volume is pushing price up. This could be an indication that the markup is about to start.