Trading going through the roof, page-36

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wabbit

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30/12/16

09:15

Post #: 21602789
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Originally posted by Falcon. ↑

Well... we 'were' looking good short term last time but that didn't eventuate (we should of gone up) and the macd is still bullish here but..

on this chart and why i said we'd go back down and fill the gap at 31c (not 32c) shows we are now overbought on the SS (look at previous peaks and see what happens to price) and a -div to fill on the MACD so does not look good and therefore you can only assume not much will come out of this well - either that or the market won't care either way.

Anyway, we were meant to go up then down, we never went up and now it's time to go down so the question is: do we settle round 30c again or do we go lower. this will take about 7 or 8 weeks so i guess we're in for more disappointment in sp action.

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Falcon..

Those charts to not mean anything seeing there are 100m shares on issue and less than 100,000 traded each day that is less than .o1% of the issue.

EGO Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
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Trading going through the roof, page-36

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