Technical outlook – At present, ALS Limited (ALQ) share price is expected to experience a bout of ‘bearish momentum’ after many upside attempts at $8.30 failed.
By the technical appearance, it is in our view that the market will fall on the bearish path until it runs into the bull camp, which is expected to hold from the region of $7.66. Reassess from there.
Company Overview -ALS Limited (ALQ) is a global provider of laboratory testing, inspection, certification and verification solutions. ALS Limited is the global benchmark for quality and integrity, and have built our reputation on quality, client service, innovation, and technical excellence. ALS operates analytical and testing services businesses and has partnerships span major sectors including mining, natural resources, environmental, food, pharmaceutical, industrial and inspection services. Former Names: Campbell Brothers Limited (CPB), 20/08/2012.