The below AYS stock price chart is showing 20 ema cuts 70 ema which is a confirmation of uptrend (look at the blue line). Moreover, the traded volume of the stock is also quite good. The daily MACD and weekly MACD are showing a good buy signal. I am sure the stock price of AYS will fly high soon. The next support is 0.448 and the resistance is 0.47.
With the increasing construction activities after the Covid 19 pandemic lockdown is over and the rising steel prices as shown below, the 47 sen resistance should be broken easily.
