AVB 0.00% 16.5¢ avanco resources limited

november charts, page-45

  1. 2,472 Posts.
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    Niclou, great call on the djia! It will be interesting to see how we close out the week now.
    It looks like we will be up against it, in getting our confirmation bar today. But lets see how it goes.
    I would also still like to see my test bar on the weekly this week, and an up bar today could throw a spanner in the works for that...Catch 22

    Stumpjump, hi mate.
    I am glad you get something out of the charts on this thread.
    In regards to the gaps, I am probably not the best one to talk to about that as I dont really agree with the general understanding that all gaps are filled.
    I believe some gaps are gapped for a reason, ie take out supply ranges etc.
    That being said, some chartists trade gaps with good success so maybe someone else can help with your question.
    Jacob and Niclou might have something to add here...

    Morgan2000, no probs mate.
    Years ago when I first found an interest in the markets I was trading on fundamentals.
    I then got into Charting for a tool to optimise entries exits etc.
    Now I am just lazy...
    If I find an interesting chart on a spec stock I spend about half an hour on checking out the company (skeletons in the closet type thing) and if all good It goes on my watchlist as a potential entry.
    It just so happens, on this stock I have included all my charts on this forum, even the ones where It was just on my watchlist and I was not a holder.

    Good luck all




 
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