LVT 0.00% 0.6¢ livetiles limited

chart, page-62

  1. 224 Posts.
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    Chart is shaping up quite interesting IMO at the moment, be keen to hear from others....

    I expected the gap down to 0.22 to fill during december/early january and then bounce off the upward trend line that has formed since March lows but we never quite filled the gap. I'm thinking the pressure of late/indecision in the market could be related to this gap not being filled heading into the convergence of the LT uptrend and ST downtrend.

    RSI appears to have bounced off a trend line at each of the higher lows, and similiarly now this could be the case.. If this happens, I believe we will break through this ST downtrend that has formed and set a new higher low.


    https://hotcopper.com.au/data/attachments/2811/2811141-69685ee2014f73e37ae8d37338eff167.jpg

 
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