M
Although I am no chartist i offer the following opinion.
Yes we are seeing a double top.
Yes the market is skitish at best.
Yes AUT has recently run hard.
However the fundamentals are strong enough to support 80c and at worst 75c imo.
Do I run the risk of a retrace by holding... yes, however I do not want to be out of this stock in the near term. There is to much compelling me to stay in.
3 analyst reports valuing AUT around $1 and risked valuations up to $3.85 i think I saw (don't quote me).
A take over of ADI giving AUT a comparative value of $1
Consistent and immenant positive (and potentially very positive) news flows.
Over seas mining investment growing becuase of Dudd.
If the price comes back at all I will be buying as much as I can get my hands on.
From a Chartist perspective (and like I said I'm no pro) just looking at the 6 year graph makes me feel all warm and fuzzy inside.
I think were just now at the start of what this co can become because it's finally getting the attention it deserves.
But thats just me.
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Last
$1.07 |
Change
0.055(5.45%) |
Mkt cap ! $511.9M |
Open | High | Low | Value | Volume |
$1.03 | $1.08 | $1.03 | $3.166M | 3.013M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | $1.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 1.060 |
1 | 22100 | 1.045 |
2 | 22600 | 1.040 |
2 | 100000 | 1.025 |
4 | 115000 | 1.020 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 4000 | 1 |
1.080 | 16666 | 3 |
1.085 | 50 | 1 |
1.090 | 27100 | 3 |
1.095 | 17098 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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