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The latest chart.I don't use charts for much these days in all...

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    The latest chart.

    I don't use charts for much these days in all honesty, but I do like the MACD as a leading indicator for a move in share price and this one is textbook in terms of its look. The crossover has occurred as I expected a few days ago.

    Also we moved back close to the 200 day ma, which is still rising. And stayed above it. Also the crossover of the short term ma over the longer term 50 day ma. All positive.

    Finally, volumes have dried up at this level.

    Looks primed for something positive from a FA point of view to kick start a move up in share price.
    https://hotcopper.com.au/data/attachments/5805/5805847-68801c0786870e1af4e2dfc36908f7bb.jpg
    Milesy




    Last edited by milesy: 09/12/23
 
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