AYT 0.00% 0.5¢ austin metals limited

Ann: Annual Report including Full Year Statutory Accounts, page-13

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  1. JFI
    6,837 Posts.
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    One final technical.

    Looking at the 36 month average on the monthly chart for last 7 years…

    The last two months have seen the current price hug the 36 month average. This is also very significant in that we haven't seen this occur since company inception, excepting the spike period in May/June 2016.

    This time has an altogether different feel about it and the moves have been steady to meet the declining 36 month moving average.

    I think it a fair assumption that there is a realistic probability that October and November will see month price move higher and beyond the 36 month moving average will will act as SUPPORT.

    JFI
 
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