AusGroup    Last:0.009   -

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

hi star-trader, so u were saying that midas wont go up again and only stay around 0.835 ?

star-trader      ( Date: 22-Aug-2009 10:42) Posted: Hi RichTan, I don't know how to write in nice english, cause I only deals with numbers,charts,analysis all days, but is up to you to define the thing i written here... "Will" meaning is going to happen from what i see/feel but I think everyone here is adult enough to know to handle your own investment and won't be just blindly follow my advise.. For one thing is, I want to minimise the lose of the people here especially retails investors to those big big players or to ride on the gain , that's what i have done from the posts that I have written. Although I am new here, you can check back my postings if I am merely just "talking" without facts or I have something that can given to you guys..I don't post charts like you do, but I did do chart analysis before posting any remarks here.. Eg for the post I have replied: MIDAS -> During 0.875, everyone saying that it will be uptrend but I didn't see it that way, it dive off to 0.825..and settled at 0.835. Ausgroup -> On 13 Aug 2009, I did mentioned to you that it will drop off from 0.61 to 0.585 and true enough it did drop to 0.575. When I dictated the signal on 18 Aug 2009, I did also post back to you on this stock that I mentioned I vested on 0.575 which true enough it "fly-off" after that... JiutianC -> On 20Aug 2009 at night, At 0.2 , I dictated there is a signal, true enough the next day it ended at 0.22 which was infact yesterday... If it is an uptrend, I would say it is uptrend. I don't just bring down you guys favourite stocks -> MIDAS because it is so. There are others stocks I posted during my 33 posts here , which not related to you, but I don't think I want to continue to post here.. To Everyone, to confirm whether what I have said is true, you can click on my nick and checked the post/date of the replied to confirm that my analysis is the same with the stock movement.. I have a long thought yesterday if posting here will still be a good thing.. I think , having my own blog and "whoever" is interested to visit, there will be better.. I still tight up with other things but I have just created the blog -> http://star-trader.blogspot.com . Thus, I won't be posting any more TA points of view here... Thanks for all your attention given to my analysis during my short stay here. rgds, star-trader     richtan      ( Date: 21-Aug-2009 23:05) Posted: Hi star-trader, No offence intended and hope no hard feelings. My sincere apology, if u feel hurt by my this posting. Never make such "The Supreme ONE" statements like "will this", "will tat". Remember, we are just mere mortals, not "The Supreme ONE", only "The Supreme ONE" can make such "sure" statements, we as mere mortals can only make such remarks as "may test ...". "might test" or "will probably test ..." I would have not made this post had u instead said "may test ...", "might test" or "will probably test ..." Nothing is for sure till the mkt confirms it, in any case the trend is still up and haven't breached the 95ema for 2 or more days continuous, so I m still unperturbed by all this noises.

 

Hi RichTan,

I don't know how to write in nice english, cause I only deals with numbers,charts,analysis all days, but is up to you to define the thing i written here... "Will" meaning is going to happen from what i see/feel but I think everyone here is adult enough to know to handle your own investment and won't be just blindly follow my advise.. For one thing is, I want to minimise the lose of the people here especially retails investors to those big big players or to ride on the gain , that's what i have done from the posts that I have written.

Although I am new here, you can check back my postings if I am merely just "talking" without facts or I have something that can given to you guys..I don't post charts like you do, but I did do chart analysis before posting any remarks here..

Eg for the post I have replied:

MIDAS -> During 0.875, everyone saying that it will be uptrend but I didn't see it that way, it dive off to 0.825..and settled at 0.835.

Ausgroup -> On 13 Aug 2009, I did mentioned to you that it will drop off from 0.61 to 0.585 and true enough it did drop to 0.575. When I dictated the signal on 18 Aug 2009, I did also post back to you on this stock that I mentioned I vested on 0.575 which true enough it "fly-off" after that...

JiutianC -> On 20Aug 2009 at night, At 0.2 , I dictated there is a signal, true enough the next day it ended at 0.22 which was infact yesterday... If it is an uptrend, I would say it is uptrend. I don't just bring down you guys favourite stocks -> MIDAS because it is so.

There are others stocks I posted during my 33 posts here , which not related to you, but I don't think I want to continue to post here.. To Everyone, to confirm whether what I have said is true, you can click on my nick and checked the post/date of the replied to confirm that my analysis is the same with the stock movement..

I have a long thought yesterday if posting here will still be a good thing.. I think , having my own blog and "whoever" is interested to visit, there will be better.. I still tight up with other things but I have just created the blog -> http://star-trader.blogspot.com .

Thus, I won't be posting any more TA points of view here... Thanks for all your attention given to my analysis during my short stay here.

rgds, star-trader

 

 

richtan      ( Date: 21-Aug-2009 23:05) Posted: Hi star-trader, No offence intended and hope no hard feelings. My sincere apology, if u feel hurt by my this posting. Never make such "The Supreme ONE" statements like "will this", "will tat". Remember, we are just mere mortals, not "The Supreme ONE", only "The Supreme ONE" can make such "sure" statements, we as mere mortals can only make such remarks as "may test ...". "might test" or "will probably test ..." I would have not made this post had u instead said "may test ...", "might test" or "will probably test ..." Nothing is for sure till the mkt confirms it, in any case the trend is still up and haven't breached the 95ema for 2 or more days continuous, so I m still unperturbed by all this noises.   star-trader      ( Date: 21-Aug-2009 21:37) Posted: It will drop further before any rebounds. SOBAYOR, rgds, star-trader

 

Below is my chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
 
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by rating it as "bad post", accumulating for yourself and your

next generation, "bad" karma for your "bad" deeds.

If u think it is a bad post, then be constructive and kindly post your TA for sharing.

This is only my view n I may be right or wrong, so dyodd and SOBAYOR.

star-trader      ( Date: 21-Aug-2009 21:37) Posted: It will drop further before any rebounds. SOBAYOR, rgds, star-trader

 

Hi star-trader,

No offence intended and hope no hard feelings.

My sincere apology, if u feel hurt by my this posting.

Never make such "The Supreme ONE" statements like "will this", "will tat".

Remember, we are just mere mortals, not "The Supreme ONE", only "The Supreme ONE" can make such "sure" statements, we as mere mortals can only make such remarks as "may test ...". "might test" or "will probably test ..."

I would have not made this post had u instead said "may test ...", "might test" or "will probably test ..."

Nothing is for sure till the mkt confirms it, in any case the trend is still up and haven't breached the 95ema for 2 or more days continuous, so I m still unperturbed by all this noises.

 

star-trader      ( Date: 21-Aug-2009 21:37) Posted: It will drop further before any rebounds. SOBAYOR, rgds, star-trader

 

Momentum is losing up...

but there is still indicator that can help to push the share price next Monday. Check the oil price indicator which currently is "GREEN" and at the end of the US market time with DOW is green too, there is chance that this share will fly " a short distance" before reverse trend. Always remember this, follow the trend, but not the other way round... Meaning BBs/inst will always take the opportunity to sell higher when there is a chance... Hope you get what I mean.

rgds, star-trader

 

 

hmm how come?

star-trader      ( Date: 21-Aug-2009 21:37) Posted: It will drop further before any rebounds. SOBAYOR, rgds, star-trader

 

It will drop further before any rebounds.

SOBAYOR,

rgds, star-trader

 

 

I m sorry, I really dun know as I m not MFT, I trade based on EOD data and chart pattern.

bsong88      ( Date: 21-Aug-2009 17:22) Posted: Hi Ricktan tks for sharing from the chart do you think Ausgroup will take off from this level or fall back to 62 range Tks       richtan      ( Date: 21-Aug-2009 10:20) Posted: Hi Titan888, U r most welcome, it is my pleasure n passion to share and exchange pointers.

 

Hi Ricktan

tks for sharing

from the chart do you think Ausgroup will take off from this level or fall back to 62 range

Tks

 

 

 

richtan      ( Date: 21-Aug-2009 10:20) Posted: Hi Titan888, U r most welcome, it is my pleasure n passion to share and exchange pointers. Titan888      ( Date: 21-Aug-2009 10:17) Posted: Hi Richtan, Thank you for sharing all this info.

 

Hi Titan888,

U r most welcome, it is my pleasure n passion to share and exchange pointers.

Titan888      ( Date: 21-Aug-2009 10:17) Posted: Hi Richtan, Thank you for sharing all this info. richtan      ( Date: 21-Aug-2009 10:06) Posted: From OCBC Research: Strong breakout from trading range suggest further upside Positive breakout. AusGroup is likely to see more upside in the days ahead after breaking out of its 3-week horizontal trading range and above the key support-turned-resistance level of $0.62 on heavy volume yesterday. Upside momentum revived. With the RSI rebounding off strongly at the 50% mark and the MACD indicator signaling a strong bullish crossover yesterday, these seem to suggest renewed strength in the upside momentum. Immediate resistance at $0.72. Should the breakout materialize, we expect an immediate resistance at $0.72 (support-turned-resistance level) with the subsequent obstacle at around $0.86-$0.875 (gap zone in early Jun ’08). Initial support at $0.62. Beyond the immediate support at $0.62, the subsequent supports are pegged at $0.565 (lower boundary ofhorizontal trading range and 5-month uptrend line), followed by $0.45 (troughs in mid May and mid Jun ‘09). Philip Teo(65) 6531 9807e-mail: philipteo@ocbc-research.com

 

Hi Richtan,

Thank you for sharing all this info.

richtan      ( Date: 21-Aug-2009 10:06) Posted: From OCBC Research: Strong breakout from trading range suggest further upside Positive breakout. AusGroup is likely to see more upside in the days ahead after breaking out of its 3-week horizontal trading range and above the key support-turned-resistance level of $0.62 on heavy volume yesterday. Upside momentum revived. With the RSI rebounding off strongly at the 50% mark and the MACD indicator signaling a strong bullish crossover yesterday, these seem to suggest renewed strength in the upside momentum. Immediate resistance at $0.72. Should the breakout materialize, we expect an immediate resistance at $0.72 (support-turned-resistance level) with the subsequent obstacle at around $0.86-$0.875 (gap zone in early Jun ’08). Initial support at $0.62. Beyond the immediate support at $0.62, the subsequent supports are pegged at $0.565 (lower boundary ofhorizontal trading range and 5-month uptrend line), followed by $0.45 (troughs in mid May and mid Jun ‘09). Philip Teo(65) 6531 9807e-mail: philipteo@ocbc-research.com

 

From OCBC Research:

Strong breakout from trading range suggest further upside

Positive breakout.

AusGroup is likely to see more upside in the days ahead after
breaking out of its 3-week horizontal trading range and above
the key support-turned-resistance level of $0.62 on heavy volume yesterday.

Upside momentum revived.

With the RSI rebounding off strongly at the 50% mark and the MACD indicator
signaling a strong bullish crossover yesterday, these seem to suggest
renewed strength in the upside momentum.

Immediate resistance at $0.72.

Should the breakout materialize, we expect an immediate resistance at $0.72
(support-turned-resistance level) with the subsequent obstacle at around $0.86-$0.875
(gap zone in early Jun ’08).

Initial support at $0.62.

Beyond the immediate support at $0.62, the subsequent supports are pegged at $0.565
(lower boundary ofhorizontal trading range and 5-month uptrend line), followed by $0.45
(troughs in mid May and mid Jun ‘09).

Philip Teo(65) 6531 9807e-mail: philipteo@ocbc-research.com

 

 

Trade Summary at this point in time shows more buy-up:

WEIGHTED AVG PRICE :  0.6484   LAST DONE PRICE :  0.645   SPREAD/PRICE RATIO :  0.0000   AVG TRADE SIZE :  67.047  < /> Last Trades Vol BuyVol Mid SellVol 0.640 50 3,073 1,564 0 1,509 0.645 87 5,714 2,447 0 3,267 0.650 46 5,741 1,810 0 3,931 0.655 116 5,519 37 0 5,482 TOTAL 299 20,047 5,858 0 14,189

 

Below is my chart analysis for sharing and exchange pointers.

My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
 
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start

making unconstructive comments and plse do not be so childish or lunatic as to abuse the

rating system by rating it as "bad post", accumulating for yourself and your

next generation, "bad" karma for your "bad" deeds.

If u think it is a bad post, then be constructive and kindly post your TA for sharing.

This is only my view n I may be right or wrong, so dyodd and SOBAYOR.

 

Trade Summary shows extremely heavu buying-up:

WEIGHTED AVG PRICE :  0.6329   LAST DONE PRICE :  0.645   SPREAD/PRICE RATIO :  0.0078   AVG TRADE SIZE :  90.686  < /> Last Trades Vol BuyVol Mid SellVol 0.605 49 2,788 1,112 0 1,676 0.610 6 3,548 0 0 3,548 0.615 13 3,688 20 0 3,668 0.620 79 7,218 276 0 6,942 0.625 238 16,570 10,962 0 5,608 0.626 1 24 0 24 0 0.628 1 400 0 400 0 0.630 141 10,339 1,696 0 8,643 0.635 114 13,388 744 2,373 10,271 0.638 1 30 0 30 0 0.640 93 11,620 2,280 0 9,340 0.641 1 60 0 60 0 0.645 229 19,116 7,829 0 11,287 0.650 105 8,336 0 0 8,336 TOTAL 1,071 97,125 24,919 2,887 69,319

 

Benny,

U r most welcome, it is my pleasure n passion to share and exchange pointers.

bennykusman      ( Date: 20-Aug-2009 11:31) Posted: thanks richtan... i believe in the trend richtan      ( Date: 20-Aug-2009 10:57) Posted: Hi benny, Just ignore all this noises, ask yourself, stare at the chart, do u have faith in Midas and Ausgroup and their TA, see my past chart postings for both counters and set your stop-losses. Remember my 3 golden mantras and trade mechanically, not emotionally.

 

After reviewing the chart patterns, I noted tat the correction on 13/7 managed to stopped at the 100ema, so for this unique case of Ausgroup, since it had set a precedence and managed to reverse at the 100ema, I will revise it from 65ema to 100ema (just for Ausgroup), and may revise for others on case by case basis if it justifies, flexibilty is the keyword.

 

My exit strategy is same as for Midas, ie I will exit only if after 2 days continuous close below the 65ema with 2 black lower low n lower high candles, on the 3rd day, there is no bullish harami or reversal pattern, to avoid fakes (to get wat I mean, look at the fake candles and bullish harami  between 13/7 n 14/7).

This is my exit plan, so dun follow me blindly as every individual  has different threshold of pain and strategy, so dyodd n BOSAYOR

 

Vol at half day's trade aredi more than twice yesterday's vol.

Keep it up

Dyodd n BOSAYOR

richtan      ( Date: 20-Aug-2009 11:16) Posted: Broke another barrier at 0.635, vol as at now is aredi 1 n half yesterday's vol. grass8eater      ( Date: 20-Aug-2009 09:51) Posted: Breakout confirmed.

 

Next barrier will be 0.66, it may test, pullback, test, pullback, undergo corrections (to shake out emotional weak holders) to consolidate and build energy for the next upward thrust or it may just break thru, anybody's guess, but one thing is for sure (imo), it will definitely and eventually break thru it n head towards 0.945 to 1.05 and above if the cup n handle pattern is true to form.

richtan      ( Date: 20-Aug-2009 11:16) Posted: Broke another barrier at 0.635, vol as at now is aredi 1 n half yesterday's vol. grass8eater      ( Date: 20-Aug-2009 09:51) Posted: Breakout confirmed.