bmac, your few cents are always very wise, good analysis of how the real world spins
toll, yes mate it was always on the cards, no matter if its done now or later they will not go anywhere until its 'tested' and this GREEN morning was yet another prime opportunity to fleece the mums
On my chart below Toll I've updated so anyone not watching the charts can see how its travelling. My waiting area is shaded in blue on the day chart
meow, my example of the 2 stocks was from a longer term view, looking at them from the start of their big downtrends and then hitting the start of the TR and thru out, almost identical from Wyckoff. They both have and are anticipating big announcements and both got pumped into above their ranges only to be now below
Thoughts on current situation, which one meow ?
updated charts
as bmac has mentioned this is simple TA
LYC Price at posting:
81.5¢ Sentiment: None Disclosure: Held
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