abu or current producer if you are a gold bull, page-85

Hey scorp,

i'll try and cut thru all the wind and the hot air blowing....

From a TA side, the last 4 times ABU has had a weekly macd cross these are the results.

Date Trading range Traded up to Time frame

22/09/2008 .006 - .027 7cents 12months

28/06/2010 .018 .043 3months

14/02/2011 .03 - .038 .058 3months

29/08/2011 .041 - .048 .082 3months

The trading range is the range that the stock traded in from time of the weekly macd cross to its lowest point before it reached its high of that particular run of its uptrend.

The time frame is exactly tthat, the time it took to reach its high of that particular run.

The fifth macd cross of the last 3 years happened at the closing of the week 13th July 2012.

Some prefer to preach, i just like to present what i see and you can make your own mind up??


Cheers