ALR 0.00% 0.3¢ altair minerals limited

CHK chart, page-449

  1. 889 Posts.
    lightbulb Created with Sketch. 335
    Not having a 'go' but sorry mate I disagree with your statement regarding the histogram.
    If you look earlier on the histogram then you will see it turned green but still resulted in sideways movement. What is significant however, is the histogram turning green and the cross appearing. If this cross completes then it would be confluence of a possible move to the upside.
    I very rarely used Macd with the standard settings anyway, when I was trading. I changed them according to what timeframe I was using.
    Also as I said in my response to rattle, I would like to have seen a higher high than yesterday and a close above my triangle pattern.
    As for where you plot your trend lines, support and resistance, depends on what works for you - I dont feel there is right or wrong way. If it works for you, it works, if it dont then you need to change them. Where I draw mine is what worked for me.
    Anyway onwards and upwards GL.
 
watchlist Created with Sketch. Add ALR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.