AUL 0.00% 28.5¢ austar gold limited

heading towards 30c, page-44

  1. 295 Posts.
    MNM had a nice run between the swing of yesterday and today. I think the selling that we are seeing now are day traders taking some profits..which should stop shortly and then buying will come back in to stabilise and possibly nudge the closing price up a little higher. Support is now around 20-20.5c and resistance has moved to 24c.
    IMO i think we should see an even better picture by tomorrows closing price.

    There is still a ratio of 2:1 in the top 4 levels of buy:sell depth, which means there is more stock wanted than available..
 
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