AYO unknown

the directors buy on, page-2

  1. 668 Posts.
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    OMR,

    Thanks for the info. I like it when directors buy in becuase it gives me confidence in the fundamentals of a company.

    I generally prefer to trade on the TA. So regarding the TA of AYO, let me say this......

    I saw Daryl Guppy speak in Melbourne earlier this month. He spoke on his use of trend lines, Multiple Moving Averages and his search for ascending triangle patterns. In attempting to apply his methods based on the sort of criteria he looked for himself.

    I came up with a few stocks. AYO was one of them.

    Some others making interesting ascending triangle patterns at the moment, include PBB, FOA, AEO and TKR.

    I am experimenting with his approach. Hopefully AYO will pay off.

 
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