The 5 years weekly chart shows AUC has been trading between as range of 1-6c and has recently broken out. Only on 20th March 2020 we saw big volume of transactions when the share price from a low of .007c climb to a high of 6.2c on the 16th October. Prior to that, there were no volume as shown on the chart above..
In the daily chart, AUC has broken out of its trading range between 3.3c - 5c recently and now has retested support. MACD histogram is turning positive, RSI is turning up and volume has been climbing again in the last 3 days. If there is a description of "knocking at the door", AUC, would be it.
I would called this a Weinstein's stage 2 breakout and retesting the support line is great confirmation.
From taking a trading position, I have taken a holding and intending adding more when my position warrants.(DYOR, not to be taken as advice. I have observed AUC for some time before buying into it and this would be an early stage of a trading entry. The company appears to have great fundamentals as well.
The 5 years weekly chart shows AUC has been trading between as...
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 (20min delay)
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Last
3.6¢ |
Change
0.003(9.09%) |
Mkt cap ! $99.43M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $149.1K | 4.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 1155996 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AUC (ASX) Chart |