Anyway, what's wrong with being positive about the current and future outcome. If you're in for the ride and not selling, it's better that than being pessimistic about the share price falling 2 or 3c.
It is a charting forum though, and charts are always debatable. Talking about charts,
The chart below shows some positive and negative short-term possibilities.
Current trend = decline
Possible falls, 20c, 19c or 18.5c
Bollinger bands, they're the ones on the first chart that have yellow lines at the bottom, show a current convergence, which IMO is another way of saying that we're heading for another run soon. This also supports the MACD post that I put on yesterday, the blue line hitting the red line. In truth, it's more a negative but you've got to look at the bigger picture, which is, that it's currently falling, so if you accept that, then when will it reverse and change direction? This is where the Bollinger and MACD have something in common. They're both showing similar data, not yet, but soon.
The other good news is the Fast and Slow Stochastics, they've moved from the overbought and are both in the neutral zone. Once again this is supporting the above as it's in a downward direction, heading to the oversold (bit of panic selling), and then we should be off again.
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