This is a CHART thread folks. Stick to TA & Charts please. Talk...

This is a CHART thread folks. Stick to TA & Charts please. Talk fundamentals elsewhere yeah?

Yesterday's candlestick formed what is known as a 'dark cloud cover' whereby the opening price was well about the previous day's high but the closing price was below the mid-point of the previous day.




Of course, it needs confirmation today which would typically be a red day with a reasonably tight spread. Anything is possible with AUZ though ...

Not a good sign that it failed to push through 10c yesterday. Looks like CR stock still turning over. ComSec & ETrade account for around 50% of the volume since November 1st which suggests traders are still playing games.

There is big money hanging around AUZ at the moment. ComSec alone accounts for 1.3B of the trading since Nov 1st with a +114m net volume at an average buy of 0.1043c

I keep saying it and saying it ... too many shares on issue is NEVER a good thing and AUZ is suffering the consequences. It will be hard for the SP to gain any traction until a few more cracker announcements are released.

All IMO only. DYOR.