88E 0.00% 0.2¢ 88 energy limited

Technical Analysis, page-2

  1. 13,575 Posts.
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    Given its momentum coming up to that resistance line Mat I would say it could be toast and 8c will be next.

    Only trouble is Ive watched A LOT of volume appear from nowhere in the weeks past and it wouldn't surprise if this level was a major issue for continued momentum.

    I looked at slow stochs this morning and there was a cross back over heading back towards O/bought again so this indicator is heading back up to. Not sure about others except the obvious ones like MACD etc which are pretty much useless as the trend is so strong.

    d.
 
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