I know nothing about TA but a look at a graph of the sp over last 5 years shows this co has had a series of price waves (booms and busts), each wave has had a higher price and we are now on the upward leg of the 5th wave. The fundermental analysis of this co suggests to me there is a good chance it will reach $1 over the next 7-8 months.
I have been a long term holder and am now waiting for the payoff.
AUO
austral coal limited
I know nothing about TA but a look at a graph of the sp over...
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