ANG 2.70% 57.0¢ austin engineering limited

Weekly Chart. Break of 100 Week downward channel to the upside....

  1. YLJ
    819 Posts.
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    Weekly Chart. Break of 100 Week downward channel to the upside. Rising volume leading up to the
    breakout but not so much to accompany it. I have never the less taken a small position as I see
    value here from a fundamental point of view as well. Have placed the middle fo the purple
    channel (dashed line) on the chart along the top line of the actual price channel for an indication
    a classical charting short term target at its upper boundary. I will cut this if price returns to the
    0.20c level. Not my ideal risk/reward ratio but acceptable given the nature of the company.
    All IMHO.

 
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Last
57.0¢
Change
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Mkt cap ! $334.3M
Open High Low Value Volume
55.0¢ 58.3¢ 54.5¢ $4.799M 8.577M

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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
57.0¢
  Change
0.015 ( 2.78 %)
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Last updated 15.55pm 14/06/2024 ?
ANG (ASX) Chart
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