Needs to break through resistance @ $3.82. Usually takes traders 3 attempts before the bulls stomp the bears in a convincing continuation. We are at attempt number 2 now with a retreat. If we do see another push towards $3.82 and breakthrough, the indicator will be even more reliable if backed by strong volume as we are seeing low volumes for the relative price action compared to prior trading sessions.
By the way, long time lurker and starting to post more so welcome any feedback. You won't find me definitively calling anything (even a broken clock is right twice a day) but rather articulate the range of outcomes and highlighting the skew based on the balance of probabilities.
- Forums
- Charts
- Chart
Needs to break through resistance @ $3.82. Usually takes traders...
-
-
- There are more pages in this discussion • 19,531 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 GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online