coe strike oil, page-28

re: coe strike oil - ta for commy Okay brick50 maybe I misunderstood your post. I interpreted you as meaning T/A in general meant "SWFA" ... I apologise. I responded to the post regarding T/A - because eccoi asked for interpretation.
We all should know T/A cannot be of use in cases of powerful fundamental data releases, unless it is leaked prior to announcement. It may show up on the chart slighty before before price takes off as a volume spike for example.

I do not have an opinion on this company except for what the chart tells me. For the record I did not state anywhere that the chart in general was "hardly bullish".
I said that in reference to your comment -
"Fridays candle with the long lower shadow is a bullish" signal".
I pointed out that it was only 0.5c.
I would only trade this stock once it had broken out of the triangle to the upside, as for now it is not apparent to me which way it will go.
Hope this sorts out the confusion, good luck with the trade.

Commy