Seems I missed the "fun".Nevermind...
I've been meaning to ask how the EMAs are now looking considering we've had a couple of days of trading since your last stellar post, Freedom. Your charting is awesome... so much so that Shell is getting into and getting with the program.
I thought I would update my simpledom illustrations of where we are likely headed based on the (thus far) textbook reversal pattern that you mentioned. It involves the Doji Star candlestick. I cannot believe how similar the PTX chart is playing out to the diagram version. Also, according to my newbie TA research, today's Hammer CS could also be a good sign! Do your concur, Freedom? Certainly from an FA pov we should be heading up again... surely?
Anyway, fwiw, here's my two bobs worth tonight...
So, acccording to the above, we have both the Morning Doji Star at the bottom of the potential reversal pattern and now today a Hammer with a Long Lower Shadow. Are we in for a good week or two and a fantastic Xmas?
