NOR 6.98% 4.0¢ norwood systems limited

NOR charts thread, page-71

  1. 6,209 Posts.
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    Hey mate...nice. Looks like starting to enjoy playing with Ichi

    Looks like u using std TF's on that one?

    I tightened this one up to run 3 / 24 / 32 / 26 and added some other comments on other indicators I use on this combination - just fyi holders.

    Looks like a weakish bearish engulfing to finish with...need to watch over next few sessions - could just be due to the Kumo resistance as indicated on the chart.

    Have a nice Christmas break all and trust at worst just a little ranging against the base of the Kumo till pushes up thru it.

    Link to MFI explanation as well if needed http://en.tradimo.com/learn/technical-analysis/indicators/market-facilitation-index/

    NOR Ichi Mix 23.12.PNG
 
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