AUL 0.00% 28.5¢ austar gold limited

if you had 5000 dollars spare would you buy, page-4

  1. 1,734 Posts.
    If it breaks 0.435 next support is 0.33-0.30

    It's in the process of forming either an ascending triangle (resistance at 0.54 with the wick of 17th June an anomaly) - in which case I've got a price target of 0.98 ... OR a bearish flag, with 0.30-0.33 support.

    If you can't afford to be stuck in it wait until it breaks 0.545 and watch for a potential exit at 0.60 (if it's a bearish flag). If it marches through 0.60 set a 2-3% trailing stop loss and let it run.

    Not investment advice! Just mumblings of a technical trader. Giddyup
 
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