FFX 0.00% 20.0¢ firefinch limited

Ann: Investor Presentation - September 2016-BGS.AX, page-154

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  1. 25,374 Posts.
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    first chart doesnt look back at Price breakout levels. It shows the momentum levels are in overbought ranges ..However due to the reduced volumes in the last retrace he RSI momentum oscilator is flat and suggesting more accumulation before another breakout attempt... bgs16092016b.png next consideration is the triple top where the failed third break is met with decreased volumes on the retrace

    TRIPLE TOP REVERSAL as mentioned earlier the retrace slowed....

    bgs16092016c.png and then the Point and Figure triple top

    P and F triple top

    this does deserve a closer look as any retrace from the third attempt is very questionable...Have a look at the references
    bgs16092016d.png

    What a brilliant Footy Game ....now boring old farts charts.......Phoey! lol
    Last edited by madmacs: 16/09/16
 
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