Filled the top gap and didn't have the strength to push through. As per previous analysis the return ticket may now get used. It has given a few nice day trades, apart from that nothing. I'd still like to see that bottom gap filled to give validation to any move that may occur as would most pro-traders. Good house keeping is always a sign of the pro's entering a security.
Two scenarios at present.
1. Watching for 0.084 to break for a continued position, or a retrace to give another exit signal.
2. Bottom gap filling, offering a stronger move on the top resistance with a possible break of it.
Either way as usual it will be the chart that gives the signals as the FA still hasn't changed. But the chart has.
NWE Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held
