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HI Steve.Sure looks like a symmetrical triangle so could break...

  1. VYR
    4,415 Posts.
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    HI Steve.

    Sure looks like a symmetrical triangle so could break up or down. Its a shame the top line isn't horizontal which as I understand those formations would be a stronger bullish signal.

    Let's hope it breaks up after we get the FY2022 NPAT forecast in January.

    With China deciding to live with Covid and people at large getting used to higher inflation and interest rates getting close to forecast high points the only big external worry is Russia and It seems Putin is a spent force so hopefully a good half year won't be lost in Market Negatives as we have been seeing for the last two years.


 
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