AAX 0.00% 39.5¢ ausenco limited

It shows the stock is in an uptrend and if resistance at $3.62...

  1. J.L
    417 Posts.
    It shows the stock is in an uptrend and if resistance at $3.62 is broken it could quickly move to $4.18 (thanks for posting Kevi)

    IMO the stock has been accumulated by some big player(s) for a while now and their MO is to buy in chunks before waiting for all profit taking / selling to drop off before returning for more. I'm still hopeful we will break $4 fairly soon. No surpise to see some profit taking today.
 
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