EXT 0.00% 1.2¢ excite technology services ltd

Not to come across like the harbinger... err again. For the...

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  1. 51 Posts.
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    Not to come across like the harbinger... err again.

    For the newbies, Macro environments need to be taken into consideration here. Later today is a potential interest rate cut. Hence renewed interest in market movement and certain stock spikes.

    So whilst the set up looks positive, and i hope it is, it also looks like a giant head and shoulders forming. (divergence of the head to the RSI)

    Tip: Dont forget your stop losses.

    Could also be an ascending triangle forming at 0.70... Just something else to consider. If TA is your thing.
 
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