I think that AUT has a much higher probability of breaking higher than breaking lower.
As you know the sellers have been controlling this for quite some time and we have held on quite well to stay above the 81.5 cent resistance.
Any day now we will see the reserves upgrade announcement and that will determine where this stock is going short term.
Hopefully now the dust has settled and we can see some good gains again.
I hold AUT and the next few weeks will determine if I will hold this one or just bail out for some quick bucks,I have no doubt in my mind that we will see some rises, it is yet to be seen how substantial they will be.
Always DOYR
AUT.JPG