Allkem looks to be printing an Inverse Head and Shoulder pattern on the 30 minute Chart as shown. This is a Bullish pattern. The Head and Right Shoulder has been projected to show the possible targets. Smash that Rocket Boost Button if you appreciate my Chart study. Regards Graham.
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Stocks Tank on bad news.
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Pattern invalidated. Was too early on this.
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Allkem Target Price Cut 3% to A17.00/Share by Macquarie. Will be interesting to see if a Failed IH&S later turns out Bullish?
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