Chart Watch 2007-02-15

Industrea – IDL



Industrea stop again has been moved, now at $0.335. A close yesterday of $0.365 and and intra-day high of $0.375.

Bluglass Limited (BLG)



Bluglass closed below our stop loss of $0.545 at $0.54 yesterday. The trend is looking week and an exit should be made tomorrow. It looked like support was going to hold at $0.55, but the I'm not confident the short term group will respond favorably .

Charter Hall – CHC



We decided to stay in CHC, even though the stop loss was broken last week. The trend wasn't weak enough to exit. Looks like there is short term resistance at $2.50 and a close above will be encouraging. Stop Loss remains at $2.42.

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Chart Watch 2007-02-04

Bluglass Limited (BLG)



Has had a great run in January, moving up from a low of $0.39 to a high of $0.61. Has just finished its first pull back and looks to be returning to its uptrend.
Last Close $0.58 , Stop Loss $0.55

Conquest Miming Limited (CQT)



Good separation of the short and long term moving averages, looks to have swung back to $0.79 and returning to its trend.
Last Close $0.88, Stop Loss $0.79

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