NWE 0.00% 5.6¢ norwest energy nl

chart, page-74

  1. 3,290 Posts.
    Just ran sideways on some real nasty small candles. Broke out of the lower trendline but offered nothing. The only thing it offered was a day trade today off that resistance point. Hit that and dropped like a rock. Presently sitting on the middle trendline and still hasn't broken the top one if you look at previous chart posted.

    For me presently I'd be looking for confirmation of it either dropping now to fill that lower gap. Or the very unlikely scenario of it breaking the resistance that halted it today and it filling the top gap. Still a messy chart that isn't displaying any real strength. Indicators also very weak.


 
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