AOK - Australian Oil Company

[MovingAverage]

Just wanted to participate in the Aug stock tipping comp. Here's the current chart. Only reason I picked this stock is the upward momentum through Jul and the recent pullback. I'm no chartist and I don't know anything about the company so I'm expecting to be awarded the wooden spoon for the August tipping comp.

 

[IvoryWolf]

Absolutely no love for this stock for some time on this forum, but there certainly has been some price movement over the past couple of months in this stock. A bullish outside week potential was detected in scans at the end of November, which activated at the beginning of December. Remaining mindful of resistance from June 2023 ($0.013), SGC now appears to be making another leg upwards as can be seen in the daily chart below, with momentum indicators potentially strengthening along with the share price increase.

 

[System]

On August 13th, 2024, Sacgasco Limited (SGC) changed its name and ASX code to Australian Oil Company Limited (AOK).