Aristocrat Leisure Limited (ALL.ASX)

6 December 2018

Technical Summary: The five year chart shows that the long term trend for ALL is up. The stock has moved from the bottom left to the top right of the screen. However in the last few months there has been some disruption to that trend with the stock pulling back from above $32 per share to around $22. The stock is currently trading at an area where some support can be expected. The question will be whether this support will hold or if the stock will break through and find further downside.

Question is whether there is more downside or if the stock will hold at support?

Do You Want Daily Market Insights?

If you’re interested in staying up-to-date with the latest news and analysis on stocks, be sure to sign up to BlackBull Research.

1 Month Free Trial

Access our expert stock market research Free of charge with no obligation

Free 1 Month Free Trial

Unlock this article & access our expert stock market research

ASX, NZX & USD Stock Buy, Hold, Sell recommendations. Model Portfolios. Daily news and more

[pmpro_checkout]