Alaris Royalty Corp ALARF

Industrials Conglomerates

"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."

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Alaris Royalty Corp > Not great if you believe in Technical Analysis

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Comment by BSdetector2016on May 25, 2018 12:31pm

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Post# 28081293

RE:RE:Not great if you believe in Technical Analysis

The trouble with this unloved stock is that it has been trying to find a bottom for 42 months. Yes, I hate it but am stuck with it.

TickerTwit wrote: First reaction? Nonsense, this is a short-term reaction to the quarterly report, and with little potential for internally-generated bad news to continue it should be near a bottom.

But ... AD shareholders have shown they are willing to sell low, why would they stop now?
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felix10 wrote:

Recognia has detected a "Flag (Bearish)" chart pattern formed on Alaris Royalty Corp (AD:TSX). This bearish signal indicates that the stock price may fall from the close of $15.90 to the range of $13.60 - $14.00. The pattern formed over 10 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to be resuming a sharp decline after taking a brief pause.