ACU weekly chart.
Note the consolidation ranges defined by the red, green, and magenta Standard Error Channel's (error channel center line is a linear regression line, outside lines are two standard deviations from the centre line)
I expect a breakout of the recent magenta consolidation range when ACU is ready.
The blue Standard Error Channel defines the healthy uptrend.
Also note the Parabolic Sar (light blue dots.
This is often used as a stop loss.
However the point at which it switches from above the ACU chart to below the ACU chart has been a spot-on buy signal every time.
img src="http://www.accomodation-sydney.com/Charts/ACU weekly 2004-04-13.png"
- Forums
- ASX - By Stock
- PC1
- weekly chart
weekly chart
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)