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Well if it looks like a duck and walks like a duck then it must...

  1. slick
    14,163 Posts.
    lightbulb Created with Sketch. 7510
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    06/11/23
    19:49
    Post #: 70755422
    Well if it looks like a duck and walks like a duck then it must be a..................

    https://hotcopper.com.au/data/attachments/5714/5714410-e54935d9cc83109edcc6a8ce37c901ca.jpg

    Sorry, warped sense of humour.

    Yes, SP is still printing above both the bollie median and the 8ema which is a bullish indication. Still concerned about only seeing wicks at .105 on strong days for the ASX but that's just me. If that darn MACD would cross positively I'd have more confidence but until then I'll observe.

    https://hotcopper.com.au/data/attachments/5714/5714418-010a9bb0ceb837580caff6a05878ac65.jpg

    Here's some shorter time frames, see what I mean about wicks? The demand just isn't there at the moment. Needs someone to come in and go whack and wipe .105 - .11

    https://hotcopper.com.au/data/attachments/5714/5714428-567de80dfef24533cbac96c41473c46d.jpg

    Cheers.

    BIT Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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