M
Although I am no chartist i offer the following opinion.
Yes we are seeing a double top.
Yes the market is skitish at best.
Yes AUT has recently run hard.
However the fundamentals are strong enough to support 80c and at worst 75c imo.
Do I run the risk of a retrace by holding... yes, however I do not want to be out of this stock in the near term. There is to much compelling me to stay in.
3 analyst reports valuing AUT around $1 and risked valuations up to $3.85 i think I saw (don't quote me).
A take over of ADI giving AUT a comparative value of $1
Consistent and immenant positive (and potentially very positive) news flows.
Over seas mining investment growing becuase of Dudd.
If the price comes back at all I will be buying as much as I can get my hands on.
From a Chartist perspective (and like I said I'm no pro) just looking at the 6 year graph makes me feel all warm and fuzzy inside.
I think were just now at the start of what this co can become because it's finally getting the attention it deserves.
But thats just me.
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Last
83.0¢ |
Change
-0.010(1.19%) |
Mkt cap ! $401.3M |
Open | High | Low | Value | Volume |
80.0¢ | 83.8¢ | 79.8¢ | $1.409M | 1.743M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 16141 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 41421 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 16174 | 0.830 |
6 | 24327 | 0.825 |
6 | 49861 | 0.820 |
6 | 321028 | 0.815 |
2 | 7900 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 40907 | 10 |
0.840 | 144296 | 10 |
0.845 | 21305 | 6 |
0.850 | 109069 | 12 |
0.855 | 34244 | 6 |
Last trade - 11.59am 29/07/2024 (20 minute delay) ? |
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FFM (ASX) Chart |