WKT 0.00% 12.5¢ walkabout resources ltd

WKT New charting, page-455

  1. 13,749 Posts.
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    Not sure why you're having a crack at me but circled on below chart is the late January where you are referring. There was a long spike well below bollies .105 cents (a buy signal) and the SP went all the way up to .135 cents on the 31st Jan!
    So I would have thought late Jan was ok?

    https://hotcopper.com.au/data/attachments/6021/6021241-e31a6c818b330f0339d5064a1d911f72.jpg

    I think everyone is aware that my TA is based around the very short term, hours, days and maybe a week. Pretty poor form to have a go at me for February's performance. This is the very spec end of the market, anything longer then a week is to risky for me but that's up to the individual but investing in this type of stock compared to a "bluey" requires a different approach IMO.

    But anyway I see you've jumped onto my descending triangle pattern. It's validation is growing by the day.
    However, I agree with Cabbie on patterns. We follow them mainly for amusement and clarification purposes but this one is a 50/50 outcome.

    https://hotcopper.com.au/data/attachments/6021/6021251-32e8ca1b5923014734e1b278f3b47db9.jpg

    It's the reason I have so much faith in Bollingers as there is no personal bias's drawn in.

    Cheers.
 
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