emails from dr neil frazer, page-9

Today's TA report is 5 out of 5 short term . It doesn't come any better than that.


"Short-Term Rating (Technical): 5 out of 5
Its price change has been positive in the short-term over 5 days, medium-term over 3 months and over the
period of 1 year. Its short term rises have been combined with strong volume resulting in strong momentum
rises over 1 day. Significantly its price of 28.0c is at a premium of 89% to its 200-day moving average price of
14.79c. $1,000 invested exactly one year ago is now worth $1,931 of which $931 is a capital gain.

Bullish Signals:
The price soared 14.3% in the last week and jumped 7.7% in the last month.
This has been propped up by robust volume of 2.1 times average for the week and by firm volume 1.4
times average for the month.
Compared with the All Ordinaries index which rose 2.4% for the week, this represented a relative price
increase of 11.9% for the week.
In the Australian market of 1,361 stocks and 70 units traded today, the stock has a 6-month relative
strength of 95 which means it is beating 95% of the market.
A price rise combined with a high relative strength is a bullish signal.
The price to 50-day EMAP ratio is 1.3, a bullish indicator. In the past 50 days this ratio has exceeded 1.3
ten times suggesting further upside. The 50-day EMAP has increased to 22.24c. An increase is another
bullish indicator.
The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving
Average (EMA) minus the 26-day EMA is positive suggesting a bullish signal. Both the 12-day EMA as
well as the 26-day EMA are rising, another bullish signal.
In the last three months the stock has hit a new 52-week high seven times, pointing to a significant
uptrend.
The price to 200-day MAP ratio is 1.89, a bullish indicator. In the past 200 days this ratio has exceeded
1.89 six times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP
of 23.13c is higher than the 200-day MAP of 14.79c, another bullish indicator.
Bearish Signals:
The price has risen above the upper Bollinger band of 26.29c.
Breakout:
The stock traded at an eighteen-month high of 28.0c today.
In the last three months the stock has hit a new 52-week high seven times, pointing to a significant
uptrend.
The bulls are maintaining control with price open, high, low and close exceeding yesterday's levels."

Newminer1000