weekend charting 26/27 february, page-182

  1. 4,582 Posts.
    AVB.... Thanks to all


    My feedback follows (admittedly based on a bullish holder's view :))

    **jimmy 1000...

    Not a pennant (more than 3 weeks) Sym triangle IMO
    If it bounces Mon then stochs/macd will turn up towards bullish (traders will buy in thus pre-empting the turn which will manifest Tues and beyond.



    **dgoransson....

    Weekly.....

    I don't see your double top..a lower high,yes

    I could make a better case for a double bottom with a target of 23 (19-15)
    Stochs from July 2010 do not suggest stalling
    IMO, macd is not stalling. Sure,it is at the lowest since Dec 2008,but IMO (combined with FA it will turn up this week.

    Daily....

    You see a double top. I see a double bottom.

    Forget about the 41 EMA (a robbbbbbb creation that everyone on this thread believes is the holy grail)Apologies to robbbbbbb who is one of the best,but he does have a "cult following" here.

    The 50 EMA fits much better on AVB and will give you a different perspective.

    IMO it is NOT "trying to hang on to the green trigger",but rather looking to bounce off it.
    Daily stochs looking to bounce off support
    MACD in bearish territory,but is turning.


    **5hareholder.....

    If you adjust your support to the shadow lines,you'll get a bullish perspective.


    IMO, the predominant pattern with AVB is the trend channel highlighted by jimmy1000.

    IMO...forget about the momentum indicators and go with the chart patterns here.


    Cheers al





 
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