XPE Charts, page-5171

funnily enough if i just load up my westpac (alternative) broker , the chart on there shows a much more broader view of the share price since last year. Sure, totally different company. but the underlying chart pattern is actually at odds about all the 'uptrend channel' and wedges predictions being thrown out on here.

None of us are right per se, since it's all our own opinions (although our opinions can be right on the money, if that makes sense in an inception sort of way), but day 1 of charting school i see just a straight old mountain, and we're on the lower lows, lower highs RHS of the creeping down mountain.

I think with some of the shorter term charting it comes across alot more of an 'uptrend' but having taken a different approach with the charting it sure is looking alot uglier than some make it out to be.

A burst back out of the downtrend could re-write the chart however, but on a typical TA pov it doesn't look great.