Day traders' woo-hoo it's the weekend lounge July 2 - 4, page-48

  1. 43,787 Posts.
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    @Margaret63 LTR weekly is a great chart in full flight waking along the 8ema which is what the best shares do.https://hotcopper.com.au/data/attachments/3325/3325705-d339f959efe13e2137b1d6b2c0fa5a10.jpg
    LTR 89 daily looks a little more prone to flattening out and having a breather. If you use Heikin Ashi candles the thing to look for when you see bullish exuberance on this scale is watch out for candles that have wicks on both ends as these are the weaker candles where buyers are being more cautious. Yesterday LTR produced a wick on each end as it pulled back to test the demand level for support. Most people will stay long so long as price stays above the 8 ema.https://hotcopper.com.au/data/attachments/3325/3325721-b3aab5d0d7e8000bc25f914436fe72e9.jpg

 
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