AusGroup    Last:0.009   -

AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

AUSGROUP closed on Friday: 28 August 2009 @ S$0.75 with 4,429,000 shares.

It is already CHARGED UP for GAP UP on Monday: 31 August 2009.

WHAT is S$1.00?

China and India Gas projects approved by Australian Government.

CHEERS!

 

Every dip is a buying opportunity for long term investors of Ausgroup. PE is only 11

With the increase in crude oil price, definitely Ausgroup is a steal now.

Did you know about that Australia has approved the $42 billions LPG projects???

If you are bearish, please sell your holdings or short it down.

 

 

 

 

ausgrp had a nice close on fri..

however, looking at the technical indicators, we're in the region of a overbought position (READ correction to come)

also vol has been decreasing on the upside in prices with fri's vol being the lowest.. not a good sign for a sustained rally in prices..

price may trend higher but i'm not counting on it to make me a fortune ..

DYODD

 

 

Thanx Shawaw and alexmay :)

 

wah.. so brief.. i dun really understand what he's trying to say in his analysis..

n2dave      ( Date: 28-Aug-2009 22:37) Posted: It was formed simetrical trigle. I found this blog mentioned from Thomas Bulkoski book symmetrical trialgle has a failure rate of less than 5% after breakout. What do you think guys?   richtan      ( Date: 12-Aug-2009 09:46) Posted: Trade Summary shows heavy buying up. Today's price bounced of the 15ema and formed a higher high n higher low from last Fri's candle. 5GJ (AusGroup)  WEIGHTED AVG PRICE :  0.5875   LAST DONE PRICE :  0.595   SPREAD/PRICE RATIO :  0.0168   AVG TRADE SIZE :  170.896  < /> Last Trades Vol BuyVol Mid SellVol 0.575 17 368 148 0 220 0.577 1 193 0 193 0 0.580 17 1,244 549 26 669 0.585 10 1,804 110 0 1,694 0.590 2 2,797 0 30 2,767 0.595 1 1,797 0 0 1,797 TOTAL 48 8,203 807 249 7,147

 

It was formed simetrical trigle. I found this blog mentioned from Thomas Bulkoski book symmetrical trialgle has a failure rate of less than 5% after breakout.

What do you think guys?

 

richtan      ( Date: 12-Aug-2009 09:46) Posted: Trade Summary shows heavy buying up. Today's price bounced of the 15ema and formed a higher high n higher low from last Fri's candle. 5GJ (AusGroup)  WEIGHTED AVG PRICE :  0.5875   LAST DONE PRICE :  0.595   SPREAD/PRICE RATIO :  0.0168   AVG TRADE SIZE :  170.896  < /> Last Trades Vol BuyVol Mid SellVol 0.575 17 368 148 0 220 0.577 1 193 0 193 0 0.580 17 1,244 549 26 669 0.585 10 1,804 110 0 1,694 0.590 2 2,797 0 30 2,767 0.595 1 1,797 0 0 1,797 TOTAL 48 8,203 807 249 7,147

 

It also means buyers meet sellers price. So it is reflected as a Sell

 

When u see "S",  it would mean a buy-up transaction ... 

 

Hi,

From the table 4429   S means 4429 lots were sold? i thought if some shares were sold then someone must have bought it?  or does it means that someone sell but no one buy?

Can someone enlighten me?

 

Hi Richtan,

I'm still learning the market and the lingo....why did u said is a buy-up? when it was stated "S" (Sell)....

richtan      ( Date: 28-Aug-2009 18:31) Posted: "Time & Sales" shows heavy buy-up (4429 lots)  at closing: 5GJ (AusGroup)  DAY HIGH :  0.750   NET CHANGE :  0.030   TOTAL VALUE :  27,186,235   DAY LOW :  0.705   LAST DONE :  0.750   VOLUME :  37,317  < /> Time Last Vol Buy/Sell 17:05:01 0.750 4,429 S 16:59:58 0.745 10 B 16:59:56 0.745 25 B 16:59:54 0.745 200 B 16:59:51 0.745 20 B 16:59:49 0.745 20 B 16:59:46 0.750 5 S 16:59:45 0.745 70 B 16:59:37 0.745 15 B 16:59:34 0.745 10 B 16:59:33 0.745 10 B 16:59:30 0.745 10 B 16:59:27 0.745 10 B 16:59:23 0.745 5 B 16:59:23 0.745 1 B 16:59:21 0.745 50 B 16:59:18 0.745 11 B 16:59:16 0.745 10 B 16:59:15 0.745 120 B 16:59:12 0.745 15 B

 

Re-post of "Time & Sales" :

Time & Sales" shows heavy buy-up (4429 lots)  at closing:

 

Re-paste, as dun know why the forum page shows show much problematic "ghost-image" of past postings overlapping with the subsequent posting.

 

 

   

  Patience has its virtues. 

Congrats especially to those who followed my past postings and chart analysis and dared to buy when it

presents many good opportunities when it bounced off the 15ema and 25ema

My advice is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:

3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price.

I have moved up my stop (trailing stops) to today's low at 0.705, ie if Mon it closes below today's EOD, the next day (Tues), I will exit for sure, if it later goes up again, so be it.

The above is just my opinion, so dyodd n BOSAYOR.

 

"Time & Sales" shows heavy buy-up (4429 lots)  at closing:

DAY HIGH :  0.750   NET CHANGE :  0.030   TOTAL VALUE :  27,186,235   DAY LOW :  0.705   LAST DONE :  0.750   VOLUME :  37,317  < /> Time Last Vol Buy/Sell 17:05:01 0.750 4,429 S 16:59:58 0.745 10 B 16:59:56 0.745 25 B 16:59:54 0.745 200 B 16:59:51 0.745 20 B 16:59:49 0.745 20 B 16:59:46 0.750 5 S 16:59:45 0.745 70 B 16:59:37 0.745 15 B 16:59:34 0.745 10 B 16:59:33 0.745 10 B 16:59:30 0.745 10 B 16:59:27 0.745 10 B 16:59:23 0.745 5 B 16:59:23 0.745 1 B 16:59:21 0.745 50 B 16:59:18 0.745 11 B 16:59:16 0.745 10 B 16:59:15 0.745 120 B 16:59:12 0.745 15 B

 

 

   

  Patience has its virtues. 

Congrats especially to those who followed my past postings and chart analysis and dared to buy when it

presents many good opportunities when it bounced off the 15ema and 25ema

My advice is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:

3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price.

I have moved up my stop (trailing stops) to today's low at 0.705, ie if Mon it closes below today's EOD, the next day (Tues), I will exit for sure, if it later goes up again, so be it.

The above is just my opinion, so dyodd n BOSAYOR.

richtan      ( Date: 28-Aug-2009 11:49) Posted: Ooops, so sorry, forgot to revise my stop-loss in earlier post after Wed big run-up. My exit point agrees with Kim Eng as I set it at half of Wed high-low range, ie if it close below half the range. richtan      ( Date: 28-Aug-2009 11:27) Posted: From Kim Eng: AusGroup – Broke above key resistance of $0.66 and poised to take out next short term target of $0.82 AusGroup hit a 52‐week high with a white candle breakout above the key resistance level at $0.66 yesterday. The move was accompanied by a significant expansion in volume, with RSI persistently holding above the 50 mark over the past 30 days. Directional Movement Indices are also turning positive, laying the ground for further upside. The stock is likely to test the next resistance level at $0.82 in the near term. Recommend buy with stop‐loss below $0.67.  (agree with my stop-loss, see my earlier post, but dyodd)

 

what happened? Chiong up so fast in last five min. Faster than my mouse!

 

If you are a short term punter, please exit. If you are a long term holder with confident in Ausgroup and expect crude oil to go up, please buy and keep.

richtan      ( Date: 28-Aug-2009 11:53) Posted: It may or may not consolidate b4 the next charge up but in case it did not charge up, set your stop-loss and exit the next day based on EOD data. Above is just my exit strategy, so dyodd n BOSAYOR bennykusman      ( Date: 28-Aug-2009 09:52) Posted: i think ausgroup lose its strength ald

 

It may or may not consolidate b4 the next charge up but in case it did not charge up, set your stop-loss and exit the next day based on EOD data.

Above is just my exit strategy, so dyodd n BOSAYOR

bennykusman      ( Date: 28-Aug-2009 09:52) Posted: i think ausgroup lose its strength ald ? bennykusman      ( Date: 27-Aug-2009 15:37) Posted: so exit signal is in front of the eyes

 

Ooops, so sorry, forgot to revise my stop-loss in earlier post after Wed big run-up.

My exit point agrees with Kim Eng as I set it at half of Wed high-low range, ie if it close below half the range.

richtan      ( Date: 28-Aug-2009 11:27) Posted: From Kim Eng: AusGroup – Broke above key resistance of $0.66 and poised to take out next short term target of $0.82 AusGroup hit a 52‐week high with a white candle breakout above the key resistance level at $0.66 yesterday. The move was accompanied by a significant expansion in volume, with RSI persistently holding above the 50 mark over the past 30 days. Directional Movement Indices are also turning positive, laying the ground for further upside. The stock is likely to test the next resistance level at $0.82 in the near term. Recommend buy with stop‐loss below $0.67.  (agree with my stop-loss, see my earlier post, but dyodd) bennykusman      ( Date: 27-Aug-2009 15:37) Posted: so exit signal is in front of the eyes

 

From Kim Eng:

AusGroup – Broke above key resistance of $0.66 and poised to take out next short term target of $0.82

AusGroup hit a 52‐week high with a white candle breakout above the key resistance level at $0.66 yesterday.

The move was accompanied by a significant expansion in volume, with RSI persistently holding above the 50 mark
over the past 30 days.

Directional Movement Indices are also turning positive, laying the ground for further upside.

The stock is likely to test the next resistance level at $0.82 in the near term.

Recommend buy with stop‐loss below $0.67.  (agree with my stop-loss, see my earlier post, but dyodd)

bennykusman      ( Date: 27-Aug-2009 15:37) Posted: so exit signal is in front of the eyes ? richtan      ( Date: 27-Aug-2009 15:31) Posted: Do not be too eager-beaver to take profit, remember, the 3rd golden mantra: 3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price.