technical update, page-59

  1. 5,696 Posts.
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    Said I'd never post another chart, but I've come in from the cold this once.

    Some aren't going to like this but. Directors sell then go on a roadshow. Roadshow finishes, next phase I reckon the sell of a CR begins.

    Chart shows that on the big volume green day of the 27th selling pressure throughout the day become too much and the SL1 (signal line 1) went horizontal. The next day the inevitable happened and the selloff occurred, smart money getting out on the highs. I see support at 082 which is still a higher low, so the uptrend remains.


    I'm free carried but I sold some for the CR just in case. Just my take on things.
    Let the TD's begin.


 
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