AUZ 0.00% 0.8¢ australian mines limited

AUZ Chart, page-5981

  1. 250 Posts.
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    The last week's trading action reveals a narrow trading range where every daily open and close was $0.015-0.016. This behaviour marks a return to a few months back, where there were also tightly bound channels of 1 pip. Ever since July, each new pip channel has been lower than the channel before it:

    https://hotcopper.com.au/data/attachments/1860/1860354-49161fccb78b184020f01a30247cff2a.jpg

    The monthly shows the first gap (a gap down) for the first time in ages. Having said that, the gap was only a pip:

    https://hotcopper.com.au/data/attachments/1860/1860364-51da8eca39b50f8a425448fb9b4198b2.jpg

    Also on the monthly chart, November's trading volumes exceeded 500 million for the first time since December 2017:

    https://hotcopper.com.au/data/attachments/1860/1860374-ba846817ac0bf03cb222f32874488789.jpg
 
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