Rotuma

AUZ.ASX - Short to medium term share price forecast

ASX:AUZ   AUSTRALIAN MINES LIMITED
Share prices are still currently trading in a downward price channel with very low volume and hardly any momentum at all. However, prices closed the last trading session around a critical support price point around 0.081 support.
Share prices need to close and hold above the price channel and also 0.087 before further moves to the upside. The first two targets/resistance are around 0.087 and 0.100 If it fails then we might see prices continue its downward trend to 0.081, 0.074, 0.063

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