88E 50.0% 0.1¢ 88 energy limited

for contrarians

  1. 25,374 Posts.
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    keeping up with the blatant ramping here is a chart for those that hate the things...

    actually I have made a few bad chart calls myself lately, so rip in .....lol

    the chart is showing an inverted bearish pennant or descending triangle pattern  being tested at 40 with the next fib at 35...
    To the upside..The stochastics are showing oversold and the downward momentum is slowing....



    anyway just fooling with you ...Its oversold and struggling to find a base....Its common for a base to be punctuated by an increased tree shaking volume..so it may yet spook a few out....cheers
    88e19042016a.png
    Last edited by madmacs: 19/04/16
 
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