AOK
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0.00% 1.7¢ austex oil limited

To buy or not to buy

  1. FatTony66
    211 Posts.
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    31/10/14
    12:51
    Post #: 14215562
    Does anyone have an updated technical analysis?

    I am considering buying more at 17cps, but not sure if they will drop further for an opportunity to buy at a potentially lower price. As far as my chart below, first timeframe is in downtrend with low of 16.5 today. Still in long term third timeframe uptrend. MACD just crossed, and momentum and RSI picked up.

    Broke last support at 17, with next support at 16cps. If it drops below 15 its broken long term uptrend.
    AOK Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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