re: News: Austex Oil continues successful oil... Malay, chart is...

re: News: Austex Oil continues successful oil... Malay, chart is excellent. The potential double top may have caused a few punters to wait until confirmation. The 14 level is intact and I exPect we will launch from here. The third touch of the 15 range will likely see us express to 18 to start. There is virtually no sellIng and as you point out, little volume. With the Dow up after Bernanke speech, gold,oil and io up overnight scene is set. If Apache comes off and more SR success, looking good. I heard key broker has a 30c Val on SP now and if they get to 1000 mb then 90 cents. Could be my end of year is the speculation. Checked fat Prophets report and they have a bullseye rec on it, meaning it is one of the best plays. Risk reward is excellent on this one.