weekend charting anzac long weekend, page-119

JPR

Hi Elle, not to forget JPR for you. I'm really only giving this my best guess. The current pattern looks to have played out before. Dark blue short term triangle has broken down. Look for the MACD to turn up at the trendline support otherwise we may see price drift slowly down to the bottom of the pink range again which should bring us to the orange trendline? The blue range up from there is pure speculation but a little birdy told me they have found a truck load of oil? Please don't let this chart sway you as a second opinion would be good here.



this is not a recommendation to buy or sell

Rhodes