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A bit of a long term view of Ali in AUD terms for context with least squares trend and 2SD applied. Notwithstanding the overall volatility, pretty weak trend over these ~35 years, of which current price is fairly near.... FWIW.I kinda like commodity plays at or near "minimum value". Of course, further shorter term analysis can be applied, but I like to stand back to see if there are bottom drawer opportunities.[ATTACH=full]114039[/ATTACH]
A bit of a long term view of Ali in AUD terms for context with least squares trend and 2SD applied. Notwithstanding the overall volatility, pretty weak trend over these ~35 years, of which current price is fairly near.... FWIW.
I kinda like commodity plays at or near "minimum value". Of course, further shorter term analysis can be applied, but I like to stand back to see if there are bottom drawer opportunities.
[ATTACH=full]114039[/ATTACH]
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