AUR 0.00% 0.7¢ auris minerals limited

Hi Merv, just saw your post on the other thread. I'm not a real...

  1. 105 Posts.
    Hi Merv, just saw your post on the other thread. I'm not a real chartist - more of a hack.

    What I think of this chart is that there is a pattern of rising and leveling off over the past year and that at the moment it is due time to rise again.

    Add to that the break out above the last two tops, first one on the first recent rise in January and the second top in March. This is a clear break out which happened quickly and is above the line drawn between the first two tops.

    Third is the double reverse head and shoulders, with the second reverse head above the first one, which is a good sign. This has formed the ascending triangle pattern, which is bullish in a rising market.

    I'd say a buy at the moment, strong buy if nice volume and more price increase tomorrow.
 
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