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yogi-in-oz

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:)

Hi folks,

AZZ ..... from your chart, with today's price action
confirming the recent double-bottom low, we can
now project price/time targets, as follows:

Low on 21062005 (winter solstice) = 44

High on 01092005 = 73

21062005 =====>>> 01092005 = 73 days

01092005 =====>>> 14112005 = 74 days (Monday) and 44 cents.

3 days lost motion and tested 43 for support on 16112005.

16112005 + 76 days = 31012006 = 73 cents

16112005 + 38 days = 23122005 = 58 cents = 50% retracement of downleg.

-----

Range from 01092005 high - to - 16112005 low = 30 cents

Upside from double-bottom = 73 + 60 (2 x range) = 133.

From 16112005, time target = 76 x 3 = 228 days

16112005 + 228 = 03 July 2006 = 1.33 = AZZ price POTENTIAL ..... :)

happy days

yogi

P.S. ..... holding AZZ.

:)
 
Re: AZZ alert ..... astrostuff update ...

:)

Hi folks,

AZZ ..... turn comes in, with an engulfing low
and good supporting volume today, so still
shooting for 58 cents by 23122005, as per
post above ..... :)


happy days

yogi

P.S. ..... holding AZZ.

:)
 
Re: AZZ alert ..... astrostuff .....

:)

Hi folks,

AZZ ..... four times these lows have been
tested in the past month, with the most
recent being preceded by a candle pattern
of "three black soldiers", followed by a
weak engulfing low, today.

If we see further buying, with more volume
over the next few days, then the positive
news expected from AZZ around 20122005,
may be enough to see the price rally to
our target of 58 cents, by 23122005 (???)

Technically, AZZ is primed for some news
and the reaction could see a POTENTIALLY
strong rally, quite soon ..... :)

happy days

yogi

P.S. .....holding AZZ.

:)
 
Re: AZZ alert ..... astrostuff .....

:)

Hi folks,

AZZ ..... from our chart, a new low was made on 19122005
and confirmed by subsequent price action, making it
necessary to re-calculate our price/time targets, as follows:

Low on 21062005 (winter solstice) = 44

High on 01092005 = 73

21062005 =====>>> 01092005 = 73 days

01092005 =====>>> 19122005 = 110 days (Monday) and 42.5 cents.

19122005 + 55 days = 10-13022006 = 57.5 cents
= 50% retracement of downleg.


19122005 + 110 days = 07-10042006 = 73 cents
= 100% retracement of downleg.

-----

Range from 01092005 high - to - 19122005 low = 30 cents

Upside target from double-bottom = 73 + 60 (2 x range) = 133.

From 19122005, time target = 76 x 3 = 228 days

19122005 + 228 = 04 August 2006 = 1.33 = AZZ price POTENTIAL :)

happy days

yogi

P.S. ..... holding AZZ.

:)
 
:)

Hi folks,

AZZ ..... off its lows now, with good supporting volume.

Still shooting for price targets, at about 55 and 73 cents,
by 11052006 ..... ???

happy days

yogi

:)
 
:)

Hi folks,

AZZ ..... ticking up nicely now, with good
supporting volume ..... :)

Price target still as per post above .....
..... and will be alert for some positive AZZ
news (finance-related???) over the next
couple of days ... probably 15032006.

happy days

yogi

P.S. ..... holding AZZ.

:)
 
:)

Hi folks,

AZZ ..... Ellis-4 commences production.

That should instil a little more confidence
in AZZ management ..... :)

..... just a small step, but at least it is in
the right direction, this time !~!

happy days

yogi

P.S. ..... holding AZZ.

:)
 
:)

Hi folks,

AZZ ..... can you believe, that it has been
over 2 1/2 years, since AZZ made its highest
close for 2003, at 1.38 ...???

Since then, AZZ has drifted down to find
support, one dollar lower than that close
in 2003.

Some will remember our AZZ(AYO) analysis, with
the share price at 30 cents, in October 2000
and the subsequent rally to 1.37 by 21112000,
just a month out from the lows.

That rally was triggered on a longer time cycle
for that year ... looking at subsequent, similar
cycles for AZZ, we can see that they also marked
further lows.

For example, in October 2002, with the price
at 39 cents, we posted our analysis and lucky
enough to get on board, to win good ROI
through the next 9 months ... you can
see that this this range was also $1.oo ...:)

Soon after, it was on the next major cycle
on 23 October 2003, that the cycle inverted
and instead of a rally, we saw the start of
the subsequent slide, down to recent lows.

----

So where is AZZ, today??

As AZZ has proven to be sensitive to this longer
time cycle and we saw the cycle inversion, at the
2003 highs, we are now looking to the same major
inverted cycle to trigger the next AZZ rally.

Fortunately, 22 May 2006 will see the next major cycle
slot into place and our short-term cycle analysis tells
us, that we should hear some positive news from the AZZ
camp, about Tuesday 23052006 - very timely ... :)

----

Our technical analysis also shows the price action
on 19052006 gave us an engulfing low candle pattern,
with increased volume, thus confirming the low, in a
recent retracement, as AZZ lifted off its 2006 lows,
at 37.5 cents on 16022006 ..... see chart attached.

Conservative players will feel better, now that
they have seen confirmation of these lows, with
the completion of one price swing ..... :)

Projecting a price target from the 2003-2006
downleg, a 50% retracement would have a target
at 89.5 cents, around 29052007 ... or one year
hence.

Of course, many traders will scalp some profits
in any fast AZZ upmoves, as well.

We should also remember the long-term resistance
and support levels, around 73 and 86 cents, as
AZZ rallies ... 73 cents in particular, has been
very strong resistance for AZZ since January 2004,
with many failed attempts to hold onto a sustained
close above 73 cents.

-----

So, looking ahead, our shorter cycles give us
some key dates for AZZ, on:

22-23052006 ..... significant and positive news???

30052006 ..... positive spotlight on AZZ

06062006 ..... minor ... finances???

08062006 ..... significant and negative news??

12-18062006 ..... flat trading??

16-19062006 ..... 2 cycles - positive move from here??

30063006 ..... negative spotlight on AZZ

03072006 ..... 2 cycles - significant and positive
..... finance news??

03-10072006 ..... strong rally???

26072006 ..... negative cycle ... finances???

01082006 ..... minor and positive

04-07082006 ..... minor

16-17082006 ..... minor and positive news???

21082006 ..... minor and positive - finances???

01092006 ..... significant news???

13092006 ..... minor - finances??

18092006 ..... significant and positive news???

21-22092006 ..... flat trading or pullback???

02102006 ..... positive spotlight on AZZ

05-09102006 ..... significant financial news ... ???

30-31102006 ..... minor & next long cycle = a high ???

More on AZZ, later ..... :)
happy trading

yogi

P.S. ..... holding AZZ

:)
 

Attachments

  • AZZlupdate19052006zoom.pdf
    55.9 KB · Views: 23
:)

Hi folks,

AZZ ... good news comes in a couple of days
later than expected, but more positive news/moves
expected, next week .....

..... see post above for more key dates and AZZ analysis ... :)

happy days

yogi

:)
 
:)

Hi folks,

AZZ ..... technically the past 2 days has made a
weak double-bottom at 36.5 cents, with 2 major
time cycles coming into play on 19 June 2006.

This is both a historical and critical support level
for this stock.

Whilst trading at that time may be flat for a
couple of days, we fully expect AZZ to lift off
its lows before the end of next week, on its
next upleg ..... :)

Few oilers have as many postive attributes, as
AZZ right now, for example:

Directors continue to accumulate at these levels.

Active & continuuing share buyback in place.

A small stake in a current well in the USA.

A 75% stake in another US well to spud in
July 2006, as well as a drilling and testing
program, detailed in previous posts.

..... and more than $30 million in cash ... !~!

From your own research, you can probably add
more positive traits to the list, above ..... :)

happy days

yogi

P.S. ... POTENTIAL key dates ahead for AZZ posted
in this thread above, on 20 May 2005

:)
 
:)

Hi folks,

AZZ Exploration Update ..... out today ...:)

Expecting some negativity on 30062006, but then
a strong positive cycle should be in place by
03072006 ..... see post above, on 20 May 2006.

happy days

yogi

:)
 
:)

Hi folks,

AZZ ..... as per post above on 20052006,
we will be alert for the start of the
next upleg, as 2 positive time cycles
come into play, next week ... :)

happy days

yogi

:)
 
:)

Hi Absolutely,

AZZ ...... bouncing along the lower edge of a
rounding-bottom and test lows late July, then
start lifting again, in early-August 2006.

(See post above on 20052006 for further key dates.)

Drilling progressing without any drama to date,
so there's no pressing need to sell out on the lows ... :)

happy trading

yogi

P.S. ..... AZZ have also added to their US leases, as well.

:)
 
Looks like you were right on the money Yogi.

This stock testing short term highs now - makes me wonder if I should take profits in case it settles back again.

Any more astro info for the remainder of the month to guide my way ?
 
Absolutely, please do not ask for advice, it is not allowed. I've been a long term holder of this stock because of how I perceive management's expertise, their long term exploration strategy, cash position, buy backs and continued director backing. So I'm sticking with them for the next year or so to see whether this will pan out.
 
:)

Hi folks,

AZZ ..... a quick overview of our time cycle analysis,
over the next few months, ahead:

01082006 ..... minor and positive

04-07082006 ..... minor

16-17082006 ..... minor and positive news???

21082006 ..... minor and positive - finances???

01092006 ..... significant news???

13092006 ..... minor - finances??

18092006 ..... significant and positive news???

21-22092006 ..... flat trading or pullback???

02102006 ..... positive spotlight on AZZ

05-09102006 ..... significant financial news ... ???

30-31102006 ..... minor & next long cycle = a high ???

More on AZZ, later ..... :)

happy trading

yogi

P.S. ..... holding AZZ

:)
 
:)

Hi folks,

AZZ ..... back in 2001 and 2002, we were lucky enough
to call those long-cycle lows around 18102001and 22102002,
ready for the subsequent rally.

With recent price action flat, since the lows on the June
solstice 2006, it looks like we are set up for another rally
from the long cycle, as seen in 2001 and 2202 ..... :)

This year we should see AZZ lift off, around 30-31102006,
when that same long-cycle comes into play, yet again !~!

Looking at AZZ astroanalysis, over the next few months:

05-09102006 ..... significant financial news ... ???

30-31102006 ..... next long cycle and 2 minor cycles
to trigger next rally ... ???

03-06112006 ..... minor cycle here

17-20112006 ..... minor news???

24112006 ..... minor and positive

01122006 ..... minor and positive

14122006 ..... minor and positive news

18122006 ..... 2 opposing cycles - negative finance news?
may result in flat trading.

29122006 ..... negative spotlight on AZZ

02-04012007 ..... 2 cycles in conflict, with negative news
likely, but market reaction positive.

11012007 ..... positive cycles - finance-ralated??

19-22012007 ..... positive news expected here

29012007 ..... positive spotlight on AZZ, offset by a
significant and negative cycle on the
same day, may result in flat trading???


For the skeptix, those 2001 and 2002 posts may still be
found on some trading forums, today.

More later.

happy days

yogi

P.S. ..... holding AZZ.

:)
 

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