XAO 1.42% 8,065.5 all ordinaries

STTCOMP BKT TA LONGMight be jumping the gun too early here, but...

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    STTCOMP BKT TA LONG

    Might be jumping the gun too early here, but setup a short-term base on a 50% decline from recent highs - which was a 140% odd run.

    Looks to have a VCP setup but would like to have seen another contraction and volume drop right off before a push through 6.9c. The push came today so would like to see the volume come and support it. If not it will probably need to reset and form more right side before trying again. Sorry if someone has tipped this already!

    https://hotcopper.com.au/data/attachments/1502/1502155-883ab3d1bc05264f64a66ebdafdc900d.jpg

    Disclosure - I hold
 
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