If you dont wish to read my posts, rather than complaining about them just put me on ignore then you dont have to read them, that way it wont clog the threads up with non - stock related posts. the topic was about resource stocks of which ABu is one, in reply to Bruces post about the resource sector.
Wilto, you sure its not because of the poor performance of ABU's s/p?? 8.2 to 2.8?
Bruce, technically ABU is looking weaker and needs to hold the 3 cent level otherwise this could fall to next support at 2.5. Next support after that is 1.7/1.8.
And then there is that dreaded gap at .008 that still hasnt been filled.
There are a couple of gaps which have opened above, with the highest being at 4.2.
I dont think anyone would want this to fall below 3. So many were praising the fundamentals of SLR, the price was polaxed and then it came out that cosrs are up, workers are laid off etc etc.
i hope the fall of ABU, doesnt reflect anything that hasnt been announced yet??
lets see if 3 cents is able to hold.
Cheers
ABU Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
