You can see how price bounced off that little trend line. Even still, there is not a lot of volume there which backs up the Acc/Dis. Often you will get a pull back to the trendline from the Acc/Dis before it continues down - the same a lot of patterns do. I would not have bought this little bounce mainly due to the lack of interest (volume).
[URL=http://img40.imageshack.us/i/egodaily2.png/][/URL]
- Forums
- ASX - General
- weekendcharting 28 november
weekendcharting 28 november, page-84
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online