weekend charting 7-8aug, page-63

  1. 22,593 Posts.
    Wayne, had some fun with your RDS this arvo, can't comment on it's present form other than just if I was trading it I would be keeping an eye on it with a trailing stop as it has been going up it has been now on lowering volume which means maybe a bit of exhaustion so be careful, but if it settles down and has a few low volume down weeks that look bullish it may move again.

    I've run a little experiment over your RDS for the last 4years and placed on them my criteria for entries and I almost fell off my chair with the results :))))))

    overall view weekly


    first area to left of chart


    middle action


    current action


    P.S. if anyone has the time it would be of interest if you could do analysis on RDS weekly with ma, rsi, sto etc just to compare the results over the same period
 
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