mae - charts - technical analysis, page-21

DC,

I cant post my charts on here as my system wont allow it to be done.

MAE has been trading in a channel.
Maybe if i gave you the highs and lows to draw the top and bottom lines thru you could also post that.

If you can that is??

here goes, the highs are (EOD) highs and the dates are, 15/10, 21/10, 06/01, 09/01, 10/03, 29/04.

Draw the bottom line thru these lows, (EOD) 20/11, 20/02, 20/05.

Today we've bounced off the lower trend line and my system has given me an entry today.

By drawing those trend lines it will give a clear view of the trading channel that has formed.

See if you are looking at the same as what i'm looking at??

An up day tomorrow will see my moving average turn up after leveling out today, would like also to see it trading above the moving average again. To break 36.5 would be great to see.

One step at a time though...

Time will tell.


cheers