Madmacs, thank you again for the chart,any comments you
wish to make on the significance of the 23.6% Fib level
at the 1.20 area, it appears to have been a pretty strong
barrier previously as this will be the 5th attempt to scale the heights. Should the markets turn negative and this area turns out to be a swing low are we looking at the collapse of a head and shoulders?
Malay, this is a link that i just found posted on the charting forum,you may find it an interesting read! http://trading-stocks.netfirms.com/gaps.htm
As usual on hot copper other people have posted links ,
researched and dug out relevant information so that we can move from the tea leaves, coffee grounds, and the lamb chop bones after the bar-b-que as our main sources of tech. analysis.
Not allowed to sacrifice young virgins and new born babies
on the steps of the stock exchange anymore .
PBG Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
