The share price ran a bit fast to 200 cents, at which price point, SLOW STO would have been over 90, which normally is somewhat high. (Chimney stack coming down):
http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=AU%3ATRF&time=8&freq=1
At $1.85, this STO has now dropped to 80 which ought to give the share price impetus to rise, unless it decides to consolidate somewhat.
I do think this quality stock will most of the time have now a STO>80.
The graph is very healthy looking; the turnover is excellent considering not that many shares are available and the sound fundamentals are conducive to much interest from investors, IMHO.
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities
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- in very good shape imho
in very good shape imho
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