AusGroup    Last:0.009   -

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

 

Wow!!  

 

Ausgroup had hit 50.5, broke the resistance at 49. confirm the candlestick reversal pattern and bullish falling wedge.

Hope this is not a fake breakout. Set your stop-loss. dyodd.

 

richtan      ( Date: 15-Jul-2009 14:41) Posted: RSI also cutting above the 30% signal line n MACD turning up. All these factors should rightfully bodes well for Ausgroup. richtan      ( Date: 15-Jul-2009 14:39) Posted: Ausgroup, so far so good, had touched 49 (ie the resistance line) n higher than Monday's high of 0.485 (candlestick reversal pattern) on increased volume. Hope it will stay above 0.49 n break thru the resistance lineon closing to validate the bullish falling wedge pattern n stay above the 3 emas.

 

Hit the jackpot ... many many transactions on 505.

 

looking good!

ozone2002      ( Date: 15-Jul-2009 11:40) Posted: today is a likely reversal for AUSGROUP vol looking fine!

 

RSI also cutting above the 30% signal line n MACD turning up.

All these factors should rightfully bodes well for Ausgroup.

richtan      ( Date: 15-Jul-2009 14:39) Posted: Ausgroup, so far so good, had touched 49 (ie the resistance line) n higher than Monday's high of 0.485 (candlestick reversal pattern) on increased volume. Hope it will stay above 0.49 n break thru the resistance lineon closing to validate the bullish falling wedge pattern n stay above the 3 emas. richtan      ( Date: 15-Jul-2009 11:16) Posted: As per my chart below, Ausgroup needs to break above the upper down-sloping resistance line at 0.49 on closing followed by next few days higher high and higher low and/or re-test of the broken resistance line as support (optional) to confirm the bullish falling wedge continuation pattern.

 

Ausgroup, so far so good, had touched 49 (ie the resistance line)

n higher than Monday's high of 0.485 (candlestick reversal pattern) on increased volume.

Hope it will stay above 0.49 n break thru the resistance lineon closing to validate the bullish falling wedge pattern n stay above the 3 emas.

richtan      ( Date: 15-Jul-2009 11:16) Posted: As per my chart below, Ausgroup needs to break above the upper down-sloping resistance line at 0.49 on closing followed by next few days higher high and higher low and/or re-test of the broken resistance line as support (optional) to confirm the bullish falling wedge continuation pattern. richtan      ( Date: 14-Jul-2009 22:18) Posted: Below is my daily line 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. This is only my view n I may be right or wrong, so dyodd.

 

Great to read tat, remember "Plan your trade n trade your plan", set your stop-loss.

All the best to u.

Cheers

el7888      ( Date: 15-Jul-2009 13:14) Posted: Hi richtan, Actually I did my own analysis and I think it is time to get in. You will not be blame. Not to worry. I know you did mentioned about the breakout. My thinking is just getting the ride with all the good news and hope the FA works. TA + FA = Great Gain. :)

 

Hi richtan,

Actually I did my own analysis and I think it is time to get in. You will not be blame. Not to worry.

I know you did mentioned about the breakout. My thinking is just getting the ride with all the good news and hope the FA works.

TA + FA = Great Gain. :)

 

 

Hi el7888,

No, u shouldn't thanks me, u must buy based on dyodd and set your stop-loss point as my analysis is neutral based on my knowledge n my interpretation of the chart n I maybe right or wrong or I m right but as TA is infallible, due to certain unforseen circumstances, it just wrong the right.

Ideally, u should buy based on real breakout on closing as intraday maybe a fake n if more kiasu n kiasi, wait for another huigher high n higher low or re-test of tat broken resistance as support.

el7888      ( Date: 15-Jul-2009 12:39) Posted: Thanks Richtan, I bought at 0.47 this morning. See how it goes. richtan      ( Date: 15-Jul-2009 12:25) Posted: Ausgroup, so far so good, had touched 49 (ie the resistance line), hope it will break thru on closing to validate the bullish falling wedge pattern.

 

Thanks Richtan, I bought at 0.47 this morning. See how it goes.

richtan      ( Date: 15-Jul-2009 12:25) Posted: Ausgroup, so far so good, had touched 49 (ie the resistance line), hope it will break thru on closing to validate the bullish falling wedge pattern. richtan      ( Date: 15-Jul-2009 11:16) Posted: As per my chart below, Ausgroup needs to break above the upper down-sloping resistance line at 0.49 on closing followed by next few days higher high and higher low and/or re-test of the broken resistance line as support (optional) to confirm the bullish falling wedge continuation pattern.

 

Ausgroup, so far so good, had touched 49 (ie the resistance line),

hope it will break thru on closing to validate the bullish falling wedge pattern.

richtan      ( Date: 15-Jul-2009 11:16) Posted: As per my chart below, Ausgroup needs to break above the upper down-sloping resistance line at 0.49 on closing followed by next few days higher high and higher low and/or re-test of the broken resistance line as support (optional) to confirm the bullish falling wedge continuation pattern. richtan      ( Date: 14-Jul-2009 22:18) Posted: Below is my daily line 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. This is only my view n I may be right or wrong, so dyodd.

 

Hi Fellow forumers tat appreciate my sharings,

I still see some clown (must be some pest/clone tat has an axe to grind with me,

forbidden by admin to taunt me, thus abusing and venting his/her anger thru this avenue)

giving me "bad ratings" for nearly every of my postings, abusing and making a mockery of the rating system,

though I ignore it as it does not really bother me and I will keep sharing.

I really hope fellow forumers who appreciate my sharings to neutralise this bad rating to show your support.

 

today is a likely reversal for AUSGROUP

vol looking fine!

 

As per my chart below, Ausgroup needs to break above the upper down-sloping resistance line

at 0.49 on closing followed by next few days higher high and higher low and/or re-test of the

broken resistance line as support (optional) to confirm the bullish falling wedge continuation pattern.

richtan      ( Date: 14-Jul-2009 22:18) Posted: Below is my daily line 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. This is only my view n I may be right or wrong, so dyodd.

 

Below is my daily line 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.

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

 

 

imstill holding for day two,.,,,,,,,,,,,,,,,manage to buy more,,,,,,,,,,,,,,if price soften,,,,,,,,,,,,,,,,waiting games

 

Bintang,

U r most welcomed.

I too learnt a lot from u.

Bintang      ( Date: 14-Jul-2009 11:48) Posted: richtan , noted ,  thanks , I 'd learnt one more thing from u . richtan      ( Date: 14-Jul-2009 11:35) Posted: Gaps may or may not fill, not compulsory. o br filled If filled, it provides support. If unfilled, it becomes a runaway gap

 

richtan , noted ,  thanks , I 'd learnt one more thing from u .

richtan      ( Date: 14-Jul-2009 11:35) Posted: Gaps may or may not fill, not compulsory. o br filled If filled, it provides support. If unfilled, it becomes a runaway gap Bintang      ( Date: 14-Jul-2009 10:34) Posted: Because of the rebound in DJ , almost all the markets in this region are improving today . The shares price ofcourse are surging . They opened with gaps n not filled yet . It  is not good to have this type of gap ----common gap . It is going to cover  up while the market pulls back again . AusGroup also opened with a 1 cent gap , this gap must to be filled before to take a reversal trend again , just my views .

 

Ooops, typo error.

 Should be "Gaps may or may not fill, not compulsory to be filled

richtan      ( Date: 14-Jul-2009 11:35) Posted: Gaps may or may not fill, not compulsory. o br filled If filled, it provides support. If unfilled, it becomes a runaway gap Bintang      ( Date: 14-Jul-2009 10:34) Posted: Because of the rebound in DJ , almost all the markets in this region are improving today . The shares price ofcourse are surging . They opened with gaps n not filled yet . It  is not good to have this type of gap ----common gap . It is going to cover  up while the market pulls back again . AusGroup also opened with a 1 cent gap , this gap must to be filled before to take a reversal trend again , just my views .

 

Gaps may or may not fill, not compulsory. o br filled

If filled, it provides support.

If unfilled, it becomes a runaway gap

Bintang      ( Date: 14-Jul-2009 10:34) Posted: Because of the rebound in DJ , almost all the markets in this region are improving today . The shares price ofcourse are surging . They opened with gaps n not filled yet . It  is not good to have this type of gap ----common gap . It is going to cover  up while the market pulls back again . AusGroup also opened with a 1 cent gap , this gap must to be filled before to take a reversal trend again , just my views .

 

Because of the rebound in DJ , almost all the markets in this region are improving today . The shares price ofcourse are surging . They opened with gaps n not filled yet . It  is not good to have this type of gap ----common gap . It is going to cover  up while the market pulls back again . AusGroup also opened with a 1 cent gap , this gap must to be filled before to take a reversal trend again , just my views .