looking good, page-13

Apologies vmos, I did not see your post before.

Bots mean automatic trades, algorithmic trading done by big players which buy and sell, mostly small amounts, in order to achieve their objective. Our job is to work out what that is. If you have a look at the trades on Austal for the past while, you'll notice many trades of 50, these are what I'm calling Bots.

US cutting defence budgets.....I'll believe that when I see it :-) Plus that is what the shipyard purchase was about, to get more orders for ferrys etc.

I'm still in there easyconners, a disappointing week really but the weekly is still looking like this is a bottom. I'm still writing patience on my trading plans. And downside seems limited even in this market.

PS. Saw BKN on your disclosure, I watch that too, not sure I like that chart mate ;-)