For the beautiful people - not forgetting Stolwyk's...

For the beautiful people - not forgetting Stolwyk's kindness.
This is just part of the chart showing the latest situation. This share has been in uptrend since mid 2003. I believe that Splain has mentioned that fundamentally it is worth twice the share price, and rather than post charts now on share prices which have now risen, such as the chart I posted on BKA not very long ago, I thought I would post this chart on AMU as it has not yet fulfilled its upward chart potential.
As you can see since 8th Aug it has again failed to break the bottom line shown in white and this latest chart bullish failure on the 24th Aug lead me to believe that the share price could well rise. I therefore bring it to your attention playmates, without advising you.
As you can see on 26th Aug it broke up through the 5-EMA. Statistically there is a report going back quite a while that this is the most profitable moving average to trade. Whether it is or not I don't know, but there is plenty of reading about this, including on the Internet.
I also like the shape of the candlesticks on the last 3 days as even the lower candlestick on 24th Aug which was the start of the bullish signal again had a long kangaroo tail, as did the next two candlesticks including that of the 26th Aug. An interpretation of these kangaroo tails is that there are buyers laying in wait, may be on the screen or off the screen, who are not prepared to miss the opportunity to acquire this share when it is being sold off, so they come in and pick the shares up and the shares then go back up and a solid body is formed in the candlestick above the tail.
I thought that for today I would just explain a few matters relative to reading the charts, as it is not just a question of drawing the charts, or a just a cursory look at the charts, but study of the charts can be worth whilst, for example, I would onward mention that the share is also above the 200 EMA, the dotted green line, and that there is a barrier at present at approximately 87c, being the barrier tomorrow, where you will see the dotted angled trendline which falls from 11th July. Hopefully if this share breaks through that line it may well be a precursor to a breakout of the 89c high.
Best wishes
B2 :)