short term trading - week starting: 24th sept, page-109

  1. 1,811 Posts.
    CTP - REALLY simple chart here, says it all. From a TA perspective, this stock is a surfer, look at those waves!

    From the daily chart i pick out the following

    - Consolidation @ 10-11c
    - Double top formed at 13.5c - a break of this would be very bullish for the sp.
    - The stock is in an uptrend characterised by a series of higher high's and higher lows

    This is a fairly bullish chart. Should see what action we have over the next couple of days. It almost definitely could be a multi day runner.

 
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