dedicated ta thread 25november, page-2

thanks for the charts MJ, very nice. lot of time and effort.

as you said we can post anything and as most of this thread is loaded with fundamentals, vey good ones i might add from the likes of reichman, trees, lexus 06 to name a few, was hoping to see a bit on technicals. i use TA & FA in my research and find both valuable but not infallible.

i'm thinking that combining your (ML) with the last 3 candles and that open window from todays chart, i'd go as far as to say we have a nice trend reversal in the making. some could argue that as we fell below the (ML) after hitting it we could be trending south. but taking everything into account FA + TA, i'd be shocked if that was the case.

full confirmation of course if we can breach your (ML) again and on the next couple of candles.

love to hear what you guys think.