AUZ 0.00% 0.9¢ australian mines limited

Ann: Investor Presentation, page-39

  1. 913 Posts.
    lightbulb Created with Sketch. 618
    Hi
    Isn't it so obvious that it is serious accumulation as how the price never goes below 10c...and the wall of 10c as you pointed out has been there practically ever since the suspension was lifted...

    today a lot of accumulation between 10 and 10.25 - never hot even 10.5...
    to me this indicates that the instos are coming to the end of the road and won't be able to hold and accumulate much longer....

    They are making money on .25c lots only....and can't even make on .5c anymore...

    like I mentioned before, it is a practical mirror chart to the period in which AVZ had lost year from mid August to Mid October 2017....

    If correct, the breakout for AUZ is only days away....IMO and I reckon it just needs one more top sensitive announcement to fire it up...

    good luck.
 
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