$ALQ:ASX - ALS LIMITED - Compressing

ALS is at a very strong resistance type area but showing quite a bit of compression. Could break and run either way but Im guessing towards the upside. Too early to tell and with results out on the 20th November will just add to my watch list and wait and see. Could be worth a watch.

ALS Limited is a testing services provider. The principal activities of the Company are the provision of professional technical services in the areas of testing, measurement, inspection and monitoring; food and pharmaceutical quality assurance; mining and mineral exploration; commodity certification; equipment maintenance, and asset care operations. The Company's segments include: ALS Life Sciences, which provides testing data to assist consulting and engineering firms, industry and governments; ALS Industrial, which provides the energy, resources and infrastructure sectors with asset care and tribology testing services; Commodities, which provides assaying and metallurgical services for mining and mineral exploration companies and provides specialist services to the coal industry such as coal sampling, analysis and certification and formation evaluation services.

Comment:

Nice move up.