ACN 0.00% 28.5¢ acer energy limited

charts thread 2

  1. 5,382 Posts.
    G'day
    As suggested, the other thread is to long now.
    Heres a couple of cleaned up charts with andrews pitchforks used to highlight the trends.
    The first shows the last 8 months. It shows the long downtrend and the recent uptrend. I have been posting largely intra day charts due to the narrow intensity of the recent move, but these are daily charts
    The second chart is just a zoomed version of the first. It shows what looks like a pennant forming (bullish continuation pattern, similar but different to the previous triangular versions).
    If a flag does prove itself the target previously mentioned in the mid 140's would fit.
    cheers
    Rod

 
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