AAX 0.00% 39.5¢ ausenco limited

I bought back into this gem today. Resistance broken at $4.65...

  1. J.L
    417 Posts.
    I bought back into this gem today. Resistance broken at $4.65 was enough for me to think the solid uptrend on the yearly chart will continue. I will buy a heap more if / when we see $5.00 taken out. Stop loss set at $4.25.

    We all know AAX is one of the favourites with the short sellers and can be beaten down in a flash. However, I think the short selling phase is over and a number of long positions will be taken.

    Some contract wins would be very handy to kick start the run....here's hoping.

    Good luck to all holders.


 
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