AUZ 6.25% 0.8¢ australian mines limited

Thanks to Friday's close, the last week's trading action has...

  1. 250 Posts.
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    Thanks to Friday's close, the last week's trading action has seen some other milestones as well:

    (1) A continued reversal off the previous support of 0.022:

    https://hotcopper.com.au/data/attachments/1780/1780433-5494a111830fcbe592accd57a6bd95c4.jpg

    (2) Friday's intraday high of 3 cents, for the first time in a month:

    https://hotcopper.com.au/data/attachments/1780/1780441-21300c15babf43743828094ce49afeb0.jpg

    (3) A break through a previous descending channel:

    https://hotcopper.com.au/data/attachments/1780/1780448-5854224fed4a30cd5aa5826bfc988367.jpg

    (4) A break through (and daily close) above the 200-day moving average. Friday was the first day that the intraday range (0.027-0.030) wasn't below the 200MA. It hasn't achieved that feat since July 2018:

    https://hotcopper.com.au/data/attachments/1780/1780452-f6fef9b37dacc9617f116f7182258589.jpg

    According to TradingSim (https://tradingsim.com/blog/200-day-simple-moving-average/#200-Day_SMA_Buy_Signals), that's a buy signal - but let's see if it's sustained over the next week:

    https://hotcopper.com.au/data/attachments/1780/1780518-4544c3c0000d99c01527a4cf887c7d14.jpg

 
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0.8¢
Change
-0.001(6.25%)
Mkt cap ! $10.48M
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0.7¢ 0.8¢ 0.7¢ $7.069K 988.8K

Buyers (Bids)

No. Vol. Price($)
40 11334814 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 981944 12
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Last trade - 15.38pm 28/06/2024 (20 minute delay) ?
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