NWE 0.00% 5.6¢ norwest energy nl

chart

  1. 3,290 Posts.
    Here's the chart you requested from last night TheYouth.



    Posted last night (chart below) with the following analysis.


    Nice to see the last analysis I gave on this security as "the chart presently showing strength" and we got the move on the 9th. Not surprising in the least that it was short lived and halted at a mojor resistance point. It did offer a reasonable 2 day trade. No real strength at present bar the non text book bullish harami pattern.

    Looking for strength to re-enter and a firming of the indicators. The main signal that I'm still looking for to take a short term position is the resistance at 0.084 breaking. On a failure of that breaking I can see this retracing to the 23.60% Fib at around 0.068.





 
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