re: the chart...william gday cobs
fair suk o tha sap this is just spooky voodoo shidt
I cant splane it..
Hang on I found me teef...
what happened yestady woz an ascending triangle breakout of a resistance (fibonacci level..fuk..puff puff)
It was also a breakout of a down trending (Andrews Pitchfork Channel) all are strong TA indicators as a consequence of this and the high volumes it attracted enthusiastic buyers on open, causing it to gap up .005
It traded up to its next resistance level at 08 and with an average price paid today of 077 it settled on close at 078.
Looking at the 1mill prop above the open gap at 75 looks like daytraders are about and may still bail out and the gap could fill.. anyway a break above 8 should see a continued run with no resistance till 9.
073 looks like a fair stoploss and holding above it would confirm the trend is now long..
hoo roo digs...
Oh and velly good ruck , wif you chinese ressons...
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