AOK 0.00% 0.3¢ australian oil company limited.

Ann: Drilling Success on Arbuckle Well at Ellswor, page-5

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  1. 5,790 Posts.
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    re: Ann: Drilling Success on Arbuckle Well at... Hi Akap, I generally use patterns and fractals rather than moving averages and that school. I work on the theory that stocks have an individual fractal footprint that reflects the ebb and flow of market maker approach and repetition of set ups.

    So, with AOK, I do see a head and shoulders repeat of the immediately prior head and shoulders. So I expect a bullish breakout once the 12 churn is complete.

    I think this will be triggered by a set unfor a head and shoulders fail which will not go as expected and therefore swing hard the other way. That wild show a very strong signal to the upside. Some more "time" needs to take lace before we are ready. I would say early next qtr. but the move should be strong with akin assault on .18 to .20.

    Cheers
 
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