This is not an I told you so to those less experienced with TA as we dont like to see folks lose..and did take quite an effort to explain on a recent thread...
However ...we are looking for a reentry from the Trendline break and stoploss triggered at 72..
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=994868&msgid=5544959
So using the friday close doji star as a reversal indicator and today closing above 64.5, its a retrace bottom confirmation imo
there is also a 23.6 fib in support at approx 65 (If you hold store of such things)
NB still has to close on or above 64.5 today..ho hum
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 195407 | 0.310 |
2 | 67500 | 0.305 |
9 | 256708 | 0.300 |
1 | 30000 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 347558 | 3 |
0.330 | 265149 | 2 |
0.335 | 11500 | 1 |
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