
TA wise, yesterday's trades in the afternoon signalled that the uptrend is still intact and charts show there is still bullishness on this stock. A possible bearish gravestone doji, yesterday, was averted and the candlestick turned into a bullish engulfing one, by close, yesterday. The pattern suggests more upside on the cards and accumulation is evident on any price weakness. The stock looks set to possibly break 80 cts in coming days. The results have yet to be announced and possible upgrades by brokerages will be on the cards, on positive results. Old targets were UOBKH @71 cts and CIMB @ 80 cts.
Ausgroup still a buy after it climb, upside still strong support at btw 71c/72c, still trade with care as profit taking slip in between, esp when px hit 5-8% more, jus my tot.
bought at 53 cents and sold off this morning at 74 cents liao.... Will consider buying back.
yes, it will surely outperform ...a real darling micro caps
a post from aforummer
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=2249&searchString=
Seems to be uptrending very well
It might head north on Monday as CNA has an article this Sunday about its moving into deep sea oil drilling.
moving at a couple of bids up, a day, with intermittent corrections, and still moving ... simply amazing
evening star scenario negated, bullish engulfing candle now, gap is not covered, a bullish tasuki gap seen, trend resumption will continue
She last time got post in sharejunction is to see the Bollinger bands must be tight, volume traded high, Acc/Dist must be uptrend, Chaikin Oscillator must be uptrend.
is this movement likely to be up or down? what indicators would you use to tell?
Bollinger bands really tight... large movements may occur
TA purists will point out that today's ascent has a gap, and that gap theory may prevail....???
westcomb already revised the target to $80 cents just recently. uob abit slow although they were the ones who gave a good research report on Ausgroup last year.
yes, agree, in fact UOBKH analyst Mark Tan yesterday in a report says they will be meeting up with management this week and will revise upwards their target of 71 cts in view of the new contracts announced and that ausgroup's ability to secure contracts outside of the oil & gas and commodity sector, into the power energy sector like Alinta Energy is very very positive.
Yesterday Westcomb too, reitereated it's buy call with target of 80 cts.
the only way is up....
17:05:02 | 0.640 | 984000 | Buy Up |
loading up strong...BBs yet to come in big...all below done small.
15:58:16 | 0.630 | 39000 | Sell Down |
15:57:53 | 0.630 | 26000 | Buy Up |
15:57:45 | 0.630 | 100000 | Buy Up |
15:57:40 | 0.630 | 10000 | Buy Up |
15:57:39 | 0.630 | 64000 | Sell Down |
15:57:28 | 0.630 | 436000 | Buy Up |
15:52:21 | 0.625 | 20000 | Sell Down |
15:51:25 | 0.625 | 10000 | Buy Up |
15:51:01 | 0.625 | 200000 | Buy Up |
15:50:14 | 0.625 | 50000 | Buy Up |
15:50:13 | 0.625 | 10000 | Buy Up |
15:48:13 | 0.625 | 15000 | Buy Up |
15:48:05 | 0.625 | 20000 | Buy Up |
15:47:43 | 0.625 | 10000 | Buy Up |
15:47:29 | 0.625 | 15000 | Buy Up |
15:47:19 | 0.625 | 10000 | Buy Up |
15:47:01 | 0.625 | 20000 | Buy Up |
15:46:52 | 0.625 | 12000 | Buy Up |
15:46:44 | 0.625 | 15000 | Buy Up |
15:46:37 | 0.625 | 10000 | Buy Up |
15:45:45 | 0.625 | 20000 | Buy Up |
15:45:21 | 0.625 | 20000 | Buy Up |
15:44:20 | 0.625 | 30000 | Buy Up |
cr_kai...
This one has great upward potential.
This one has great upward potential.
so by april, it'll rocket up to $1. Cheers.