AUZ 14.3% 0.8¢ australian mines limited

AUZ - chart, page-1979

  1. 7,054 Posts.
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    I have no explanation for the sharp uptick on the CMF oscillator as by rights, it shouldn't be there because the SP closed on it's low 4 days running. Maybe it was because the volume went from 28m to 5m (on a tight spread??). In either case, if you cross reference the CMF against the Accum/Dist oscillator, there's no uptick at all. Will be very interesting in the coming days to see how the mid 8c range holds up and whether volume steps in at support. If it does, then there's a decent trade in it for sure.
 
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