AAR 0.00% 7.8¢ astral resources nl

3 white soldiers formation on weekly chart!, page-2

  1. 13,363 Posts.
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    Here you go IGO4IT

    "Three White Soldiers: A bullish reversal pattern consisting of three consecutive long white bodies. Each should open within the previous body and the close should be near the high of the day." source: http://stockcharts.com



    Now sitting strongly above the 200 day MA and looking like testing the 38% Fib line at around 5.9c. The very same level I stated previously looks like being hit. Bring on some volume and this will occur with ease. Note the almost vertical rise in the big run previously ;)

    Looking very much like it did 3 years ago. So much more potential now your "potential" of 13.5c could very easily occur now. One of the best buy signals there is, let's see if it gets noticed.

    If history repeats, as it often does, then we could have a similar occurrence with ~4-6weeks.

 
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