ASTRAL FOODS LTD

ARL - Head and Shoulder Pattern?

61
HELP
The Macd on the Daily Chart has been trending upwards but the price is trending down for weeks now.
The Monthly Chart seems to indicate a monstrous Head and Shoulder pattern which spells disaster.
The company is trading at a PE of 7 which is low for a poultry company. Is there a poultry disaster on the horizon? Bird Flu? Massive oversupplies of birds which will flood our markets?
Company results are expected to be only 17% down year and year so it should break upwards.
Any clever analysts out there who can help?
express.co.uk/news/world/1357207/bird-flu-news-netherlands-virus-outbreak-pandemic

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.