Displaying charts in log or standard form greatly changes trend line placement. Just a thought along the KISS lines.......
Top chart, Mak breaks out of long term downtrend at Christmas after skipping along strong support. new uptrend fails to launch at this point and commences second down trend also supported at 38c with a pretty thorough test of the bottom a second time, breaks out again last week and is currently free to go north if it likes. MAcd suggesting more up to go atm. Personally think it was the positive announcement confirming metallurgy and strong customer interest which has sent us off this time - as valid a reason as any IMO to start a new uptrend. ...be gentle..just a novice!
AEV Price at posting:
44.7¢ Sentiment: Buy Disclosure: Held
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