All indicators to the best of my knowledge are historical. However as you get used to reading them you can get an insight as to which way a sp will go. I always use the KISS principle when using indicators. CNP's chart is showing a wedge pattern which historically means that the sp will break out one way or the other. Having said that, the indicators on my chart are pointing down. An ann will throw the whole lot out!
Regards cjs
- Forums
- ASX - By Stock
- CNP
- caution needed please folks
caution needed please folks, page-20
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online