Here is a new pitchfork chart. @seagull has been using pitchforks for forever on the AGY chart.
We have a new pitchfork from tuesdays high. (purple downward trend).
The support of the bottom line of the long term pitchfork is at about 20.5c (thick black line). If this line is breached, then the 4c boxes that @peejayhercules has mentioned does come into play, so from 22c, the 18c mark is not totally out of the question. In saying that, all the daily indicators have had such a good rest that they are now positioned better than they have been for over 2 months for an upswing.
Also the weekly has been looking weak for nearly a month, has now seen the 10 week MA catch right up and be sitting at 20c. Looks like strong support there.
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Here is a new pitchfork chart. @seagull has been using...
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