Time for a chart?, page-6

Hey Drinks, you back home yet!?

From our trend perspective, long term we are looking healthy and a clear uptrend in place. I'm very happy with the LT charts.

Not had a good look at ST charts for a few days, but I did notice MACD starting a turn downward and a cross looming. That would give us a bearish short term outlook. We've seen the same pattern three times now and we've had only a minor pullback (with the exception of a certain dump which was short lived!). In the absence of news, I think 1.6 and maybe 1.5 may happen, but it's just my opinion! From memory RSI was sitting at around mid 50, so not oversold at this stage. We are sitting above the MA channel, so if you're not in a hurry, wait for the pullback....but risk a news spike! Personally, I've got 1.6, 1.5 and 1.4 covered with orders.

All my opinion and not investment advice!