Ann: RIU Sydney Presentation, page-42

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16/05/19

09:46

Post #: 38589273
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Originally posted by FullMoonFever: ↑

Welcome but off laptop now on ph so do best as can.

They can look a bit colourful (just my style) and complex but tried to highlight where certain areas or indicators correlate or show a bullish lean.

First chart white boxes show previous areas where hitting into now that have had some resistance and a positive would be to push thru this level obviously.

Also the horizontal green lines are potential Fib supp / resist areas. They are dynamic and will change as price breaks up or down thru them.

Can see white boxes on bottom indicators where u r atm and to the left and on the chart I tried to just highlight what happened prev with similar reading. No gtee obv as unexpected FA can change a chart pretty quick.

The second chart is a bit more involved when using Ichimoku which is the Kumo (cloud area) which is projected fwd 26 periods and u can see how it twists to a bullish or bearish lean on colour and also slope or be neutral.

The tenkan is the orange the kijun yellow and chikou lagging green which is 26 periods behind. There can be various signals with some I've put on the chart and they also have relationships as to where the price is at time of trigger eg above, below or within the Kumo etc.

The Kumo, tenkan and kijun can also provide potential supp & resist areas to watch eg a Kumo break can be up or down thru the cloud and can see what happened prev when broke up and also when SP came back to test Kumo supp.

Can never be exact but merely areas to watch for.

The bottom indicators are Heiken Ashi candles which are similar to normal candles but calculated differently and basically filter noise and try show trends better with doji style (candles small body & upper / lower wicks) which generally indicate indecision in the mkt.

The next one derived from Bollinger Bands and looks for swings off the bottom or top bands and if SP walks along them so to speak. BBs can also help with supp / resist areas as the SP can move up down within the band and when consolidating or moving sideways can have a squeeze effect where the SP can break out.

The last one tries to identify uptick and down tock data and look for differences to show a more bullish green, bearish red or neutral yellow lean to the volume over a certain look back period.

A lot to absorb but hoped help a little. U can Google some of the terms used and get some more info that may help better. GL

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Cheers for taking the time to explain, I'll be doing a bit of googling today indeed. I've seen a few of your posts on XAO, some great tips there and always worth a read. Thanks!

BC8 Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 53.0¢		Change 0.015(2.91%)		Mkt cap ! $289.3M

Open	High	Low	Value	Volume
52.0¢	54.5¢	50.8¢	$2.156M	4.072M

Buyers (Bids)

No.	Vol.	Price($)
3	26668	53.0¢

Sellers (Offers)

Price($)	Vol.	No.
54.0¢	113237	2

View Market Depth

No.	Vol.	Price($)
3	26668	0.530
1	50000	0.525
4	159481	0.520
1	10000	0.515
4	48207	0.510

Price($)	Vol.	No.
0.540	113237	2
0.545	100000	1
0.550	78032	4
0.555	19149	2
0.560	131123	6

Last trade - 16.10pm 18/11/2024 (20 minute delay)

BC8 (ASX) Chart

Ann: RIU Sydney Presentation, page-42

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Ann: RIU Sydney Presentation, page-42

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