Chart, page-362

  1. 9,316 Posts.
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    I tend to agree with your comment "either way". I expected that low spread but reasonable volume bar three days ago to not carry through (not continue down that is). Since then though the two successive bars are wishy/washy for lack of a better word.

    We have decreasing volume and not enough strength for NET to get back above that 180 level, notwithstanding that they are green bars..

    I have added to my chart that support level at 160 as well as I was getting concerned but so far it's not got really close.. My opinion is consolidating.... that is also confirmed by your Bollinger bands tightening up a bit ....... I like it when two different methods agree.

    https://hotcopper.com.au/data/attachments/1739/1739090-fa2db82f130a16e7805160a746fb2d8a.jpg

 
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