ASB 0.00% $3.15 austal limited

Hi EntropyLord,I have a price target of $1.80 based on previous...

  1. 4,960 Posts.
    Hi EntropyLord,

    I have a price target of $1.80 based on previous January support, and working on completion of a three wave corrective structure as begun in early June 2008.

    I am expecting the initial drop from june to July of $1.10 to play out as a further $1.10 drop from the recent lower high of $2.70.

    I am often wrong, however, I did short this stock at $2.63 last week and don't see a reason to close this position yet.

    ;)

 
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