AUO austral coal limited

Coal

  1. 1,812 Posts.
    Seems two Coal Companies I have are looking to again trend up.

    AUO. Was in, what I call, a downward wedge and yesterday broke out (as exptected and hoped for :-) ) to the upside. Looks to open at 62.

    Other is CEY. Took a bit of a hammering and retreated below previous support at around 198. Has got above this and is now looking at opening up, possibly around 207. Market Depth looked quite sick a few weeks back ... but starting to look positive again.
 
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