AUO austral coal limited

im in, looks good, page-5

  1. 3,769 Posts.
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    Well, Kenny, so far so good. AUO is up 1.5c for the day to 49c.

    Actually the 45c low looks good from the support line, lower bollinger band penetration and the tweezer bottom perspective, so who knows, you may have just about picked the bottom.

    I read through the annual report this morning. It's a great story and is super cheap at the moment, but the really good profits don't kick in until early next year. Maybe your goal of jumping off at 55c is pretty smart. It could mark time for a long while yet.

    Cheers, Anne
 
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