Hi squillster....
I was at my daughters yesterday arvo on her chartless mousless Ipad thing and firked up my reply post to you
Your chart is terrific and the volumes certainly lacking, ruins the pattern analisis...I thought the pennant setup and Bollinger congestion were still very valid possibilities...given the tight stoploss (channel lows 375) are close by. that it was still worth holding long.... heres a point and figure chart with the current and some of the previous patterns marked..and.no time frame gaps.(since preparing the chart the lower rising pennant line has been broken.)..albeit on no volumes..all looking dubious as you say the FA folks are not holding up their ends.......cheers
Hmmm stop
just hit all bets are off
I will post this anyway..............to see where I went wrong....(opinions welcome).....Its the slow downward momentum that's hard to factor onto patterns without a complimentary oscillator.....the RSI is still languishing in its mid range at present......and still really directionless......?
update, page-5
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