Hi All,
Thought i might create a new thread, not because i know anything about charting rather, that i should start to learn.
Below is a daily and weekly thread.
Someone mentioned a 'gap' that would need to be filled but if i go back on the daily to around last November when we had a high of 20c, does that mean we don't have a gap (yellow markings)
I also know some chartists like to drown out the noise from the daily chart and look at the weekly so i did one of those also:
Now obviously our sp rise has been ann driven so if there are no new ann's or delays at the lab, it would seem logical that we would have a slight pull-back. Speculation related to our neighbour may negate this??
Anyway, please no jokes about my very basic charts. I used to have 'Incredible charts' on my computer but don't seem to be able to download it again. I would imagine that RSI, Fib lines etc. are all important.
Perhaps someone who does have TA knowledge may care to throw up one of their own charts or give some commentary.
Thanks in advance,
Perdy
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