any chartists out there, page-2

hey your a smart cookie
just reading your earlier posts on this.
will swap for some FA on CRJ if you have any..

yes the chart does have a pennant its breaking out of.

would you have any idea what the average price paid for was on 18/10 as I think its still a significant factor.
where the stale bulls may be lurking.
the chart still shows next resistance is at 20 if your current increased momentum can be maintained.
The volume oscillators are a bit scrappy but do confirm an increase (breakout)at the bottom of your pennant..
a close below 18 would be a tight trailing stoploss.
only saying that as 18 had been a resistance point on 11 previous occasions.. thats a PnF (point and Figure) strategy. a loser stop at 17 may be more achievable given the on screen depth atm..below 17 breaks a major 50% fib....
cheers