Yes, I thought it was a head and shoulder pattern as well...

  1. 41,012 Posts.
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    Yes, I thought it was a head and shoulder pattern as well @kipper57 great post. Perhaps $5.36 AUD is the low point and DOW will move up to $7 AUD from here.

    The outlook for DOW looks rosy with more contracting out, especially of energy meter reads, transport, mining, electrics, and engineering.

    The Australia Made policies of either political party should help DOW.

    And the embattled Bureau of Meteorology must now be on its last scandal and must be privatized by whichever party wins the election. I hope Downer Group wins the trade sale at not too high a price just like Spotless.
 
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