haspete's - someone let brutus out - wednesday, page-45

Nope, no buy signal for me personally yet Yotta, I'm not a bottom picker and trade very conservatively. If you take a look at the Xjo chart it's made a higher low which is good, its had one false break out of the downtrend channel and now in the last few days has broken out again. Now the downtrend has been broken i would look for a nice test back into an area of busted resistance to ensure it is support and then look at taking an entry if the risk reward is worth it.

I'm happy with a safe chunk out of the middle of a confirmed uptrend, i don't gamble on trying to pick the bottom but good on those that did. well done I say.

Oh and not real happy with how the longer term weekly chart is looking either atm

Cheers