AYT 20.0% 0.6¢ austin metals limited

Ann: Breakaway Research Report, page-4

  1. JFI
    6,837 Posts.
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    Totally. Sure some will cash out as and when able to lock in a profit. That is sensible for some. I do think some will exit principal and run profits though given a superb longer term possible upside here. Personally if I were day/short term trader I would leave some skin in the game but that is for others to decide themselves.

    The base to plateau waves I refer to include your analysis of placement profit takers. I think that we are more likely to see moves higher before lower and then periodic pull backs from here where new holders/investors are likely to position. I would expect after the process you suggest occurring the medium average trends and daily volumes to increase if my scenario assertion is likely correct.

    The premise remains a decent IOCG deposit suggestion followed by further follow up work seeing share price enter the 10c to 25c range at that point.

    I have been known to have been totally correct in my analysis at times so let's see how this plays out.

    JFI
 
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