The Good,
I agree and you are spot on money on 19th OCT with following (your first MEL) Post:
*************** Pennant********************
MEL has just formed the most technically perfect bullish continuation pennant I have seen in many years. The chart is text book stuff and the current price is the mid-point of the uptrend to around .65 if the upward breakout starts in the next few days. Look at the following examples and then look at the MEL chart.
http://dailyforexjournal.com/post/pennant-pattern.html
http://www.incrediblecharts.com/technical/flags_and_pennants.php
*************** Pennant********************
perfect pennant, page-14
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.342M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $301 | 100.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7966665 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 9273848 | 12 |
View Market Depth
| Last trade - 10.04am 23/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |