I don't believe AUT has any support in the high 5s Mr Fox, and I am as bullish as you. We are currently flirting with the 200 ma. This is very important and stocks do tend to fail this level needing consecutive attempts. Currently the 200 ma is at .0555 and falling. On the Bollies the median line on the daily is rising and at .05. We need AUT to make the 200 our support level and for it to be rising. I tried to top up at .057 yesterday but it didn't take (low was .056). While I do not wish AUT to fall I feel it will come back to that mid .05 level, maybe a bit below. With some announcements and volume, the 200 will flatten/start to rise and AUT will then have more stability in rising.
Not for one second should you think day traders would not be interested in AUT. I see the chart as a trading dream at the moment!
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7 | 26809 | 0.805 |
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Price($) | Vol. | No. |
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0.835 | 31850 | 3 |
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