great trade in next 2 weeks, page-3

yep. agree.

like I said, I cant see it going into 7.40s, and most likely we're near or at the bottom at 7.53. It might touch 7.50 momentarily and that would signify the bottom and then it starts heading north b4 profit announcement.

I thought 7.52-7.55 wouldve been it, so hopefully ive got this as the bottom (although ideally it wouldve needed to 'bounce' off the 'bottom')

Still US market is in pre-open and already futures up 22 points!

If US goes up big tonight, surely this baby will head back into the 60s??

metals are up atm;

US futures up atm;

if we cant get any oomph back tomorow then theres something wrong.

I was watching depth all day on and off and could see A LOT of buyers (espt in the low-mid 50s) ; It certainly looked like it 'wanted to go up' on big buying depth, but I guess buyers were waiting for the IDEAL price at 7.50-52 according to chart!

Now that they got it, hopefully we go back to up a little bit b4 profit result as its waaaaaaaaaaaaaaaay sold down if you look at RSI and moving averages.

I always thought that support was at 7.52, but bought at 7.55 as it was near enough with max downside to 7.50 with tonnes of buyers there.

Anyways good luck everyone if youre taking a PUNT.

If US goes up and oz goes up, I expect ABS to do so as well; if not, then ill get a little skeptical re profit result and may pull out of trade.

We'll see.

I think a ot of people have bagged ABS out cause of too much takeover activity and more and more capital being issued as a consequence which ruins financials and adds to risk.

If eddie pulls this one out though ala peppercorn for example, LOOKOUT BABY!

We'll sail above $8.00

thats why I say that it could well be worth a little punt, as hes proven his detractors wrong in the past when they all doubted him - and he did it with ease it seemed! Takeover and integration was smooth; occupancy/enrolments up; profit and EPS accrettive indeed it was.