Ann: Arrium Limited - Full Year Results , page-46

Although an up trend can be destroyed in one session, I am sure the current uptrend in ARI is still well in tact. It looks to me that the sp would have to first go back through $1.10 then $1.02 before breaking uptrend. Would chartists agree/disagree? I think there are holders now that have the will and the firepower to hold the shorts to account and of late it appears they have been giving shorts just enough rope to hang themselves. Don't expect totally smooth sailing though as these guys also play for keeps and will shake the tree hard at times. My advice to myself at this time is stick around for more upside as I think there is alot more in this yet.