AUZ - chart, page-4556

Okay a chart was asked for, so here is a chart.
In basic terms, if you were trading this to make money (which I assume the majority of people were / are expecting to do) there hasn't been a single buy signal in 6 months, and the majority of those 6 months have been sell signals (with only the last month or so being a hold signal)

To break it down into simple terms.
Orange line = 17 EMA
Purple line = 2 EMA
Green line = 6 EMA

A buy signal looks like this:
The purple line needs to be above the green... and both lines need to be above the orange.

The above is a simple charting strategy than can be applied to any time period.
Whilst there may have been hourly buy signals here that there, the 1 yearly chart (below) speaks for itself.
Moreover, there are only 8 pips until this potentially hits rock bottom. let that sink in...



Look, I'm not saying to sell if you are comfortable holding, that decision comes down to each trader.
Each to their own, and I wish nothing but the best for the decent long term holders.
I'll be here to join you when this things get back on track. AUZ still owes me alot... (ALOT!!)