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ext chart facts and rising signals, page-3

  1. 13,367 Posts.
    lightbulb Created with Sketch. 16
    Looks like a good move OB.

    I am probably about 3 page in a 10 page book so I am sure the likes of punters could provide a more accurate technical insight than me.
    One thing I have learnt of charting is that you can't use any one signal in isolation but if they all start pointing +pos or -ve then it is likely it will occur.
    It was just so obvious that what occurred on Thursday and again on Friday is a clear sign of an upward swing and growing support especially Friday with an increase in volume with the long tail signal on a downward swing.

    I am not doing this to ramp by the way, I am just using this all as a learning curve. I would like to hear from others to balance my view.
 
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