cfu chart, page-17

favre
I see u have re-iterated my wow statement and stated that you sold 40 units based on my charts. firstly i dont knwo what 40 units means ? Are these share parcels or do you mean WE as in CFU which was in fact 25 units not 40. I am confused on that point. The other thing is that the charts forum is supposed to be about TA not FA and for me is just a bit of fun on my part whislt I have time to post (being hotel bound away from home at the moment). The final thing is I got the impression that you have perhaps based a sell on my charts. Pleeeeeze dont as I am NOT a professional but merely having a bit of fun and trying to learn this TA thing.

To all, I really posted this in the charts forum for sharing TA analysis and did this in the hope of being discrete and and NOT detracting from the fabulous FA type posts on the CFU thread proper.

I would like to post todays update on CFU and the first is the Weekly which helps to visually set the longer term support/resistance levels. Whilst I was doing this I could not help but look to see if there were any repeating ranges and what I found was to me quite astonishing. Using the shorter ranges and merely placing each on top of the other for the bigger ranges hits the larger ranges smack on the large range. So this to me means that we have multiple repeating ranges and when CFu runs strong it seems to be a multiple integer of the smaller.
Check it out! So its possible but I am not getting too excited yet but it still shows what is possible. The usual fib and blue lines need to be respected imo as future resistance lines (or below support lines)

Then going to the daily chart some see the MAV of 195 can often be resistance as well and so my call is that for the upside I expect a consolidation between 0.14 and 0.15 pending further news. Weekness with this projection is that we are not in that range yet so perhaps another announcement is needed to get us there ? If no further news then perhaps with luck we consolidate between the other lines being 0.135 and 0.14 which would also be very good.


I cant help looking at that 0.18 target though and wishing that something would make that happen LOL

Remember this is just all fun and not for trading as I am not good enough