Australian Hospital 25/1/01

Australian Hospital 25/1/01

Well what a move with this stock. It's first worth revisiting the original web posting at Australian Hospital Oct 2000.

This just goes to prove the value of using the charts to determine your trading strategies.

It was evident to us back in October that this stock was about to break upwards, hence the listing. I have drawn a horizontal line to show you where the break out level was.

As it turned out Mayne Nickless has made a very public offer to take over Australian Hospital Care, now in front of the ACCC.

Again, to us, this sort of thing is determinable simply by following the charts and looking for your patterns and break outs and trend identification.

Finally looks like the stock has come close to our original target of $1.50.

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