Ok, what do you guys make of this?
Overall sp is in an uptrend.
MACD is still positive
RSI above 50
This stock has found support at both 38.2% & 50% Fib retracement and is a PERFECT example of Fib retracement.
Also on the 21 day MA as it has done time and time again.
Over 2.5 times daily volume today...even though it was a crosstrade. For every seller there is a buyer....or it could be directors just moving stock amongst accounts (ie ATQ recently ;)
BUT....a doji today!
I would think its unlikely to be calling this a top considering
a) the all ords was down 68 points today and
b) the amount of buyers waiting behind the share price.
So...is it just a pause.
Would a buy trigger at say $1.05 ( on volume) be a sensible idea for a swing trade?
Fundies are great too!
Thoughts plz :>
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Ok, what do you guys make of this?Overall sp is in an...
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