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DaBull007

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11/10/16

11:32

Post #: 19768151
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Originally posted by Greenhill7 ↑

Only fairly new with TA - first time posting charts, so hopefully someone more experienced can either confirm or deny my findings.
One minute intra day showing nice contraction on BB's. since time of writing (as chart shows) we've broken up through the contraction. ADX getting stronger on rising price and that wall that was sitting at 0.015 is just about to get knocked down. Nice volume going through now on the back of Ann's.
Update, wall at 0.015 gone. Daily MACD had Golden cross but cant seem to upload it as well.
Small wall at 0.016 gone now too, and buy side still building nicely.
Seems this one caught a few unaware. Well done to those who held on through the turmoil and the sell recommendations, hopefully we will now begin to be rewarded.

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apologies for my short and brash reply yesterday.

on a quest to re-align my universal karma, my message should of perhaps been more clear.

forget about any type of intra-day charts on a penny stock worth a couple of cents. if you have to use intra-day charts stick to the most traded blue chips.

or here's an even better thought, as you said you are a newbie TA the best advice i could dish out to you would be to purely focus on DAILY CHARTS on some of the bigger name blue chips.

learn the craft properly if you know what i'm saying.

AUZ Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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