NYSE:AU long idea
After a weaker and decreasing season, the stock started to increase last August and it's been increasing since then. Now it reached a critical level that stopped the stock's rising 2 years ago. If it can break through this critical point around 13.7$, it hasn't any serious obstacle up to 22$ which was a peak for the stock a few years ago. The technical view shows a very strong increasing trend and even the 35 days MA seems very strong support for the stock. It' looks very promising right now.
Nota
The stock has a very impressive result, now see it'll be able to stay above 13.7$. If it will this stock has a very promising technical view and has a serious chance to march up to 20$ or above.Nota
After a very rapid growth at Feb. 19, you can see the increasing stopped at around 15$. It may indicate investors become more careful as they are unsure how AU will perform the next days, but if the stock stays around this level and won't sink above, it has a very good chance that the increase will continue and next stop will be 20$.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.