I added a few Long trades to the chart i lasted posted highlighting the bounces of lower trend lines
There has been some similar ranges in both time and price as highlighted by trades 1, 2, and 3. Trade 2 didnt go off the lower trend line but was taken on swing trade.
I guess by using the time price we may get an indication of where this run will go to if it continues and i have highlighted trade 4
Long Trade 4 interestingly enough, we are 15 days into it and 100 points up, multiple that by 3 and we get 45/300 ( scary but nice LOL )
Looking at the stochastic, the odds would be in our favour also in a push towards the 80 upper line
Who knows what the week ahead might bring but i like the setup so far
one damn good report, page-26
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Last
$18.44 |
Change
-0.160(0.86%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.38 | $18.54 | $18.33 | $196.7M | 10.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1832 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 1100 | 3 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |