AMU amadeus energy limited

G'dayMonthly chart looks like a nice fib retrace and kinda looks...

  1. 5,382 Posts.
    G'day
    Monthly chart looks like a nice fib retrace and kinda looks a bit elliott wave in its formation. Oscillators giving a buy signal
    Weekly and daily 2 down trend channels, its slipped in to a higher level downtrend but volume and oscillators pushing for a break of resistance. It's pretty much at resistance now so next couple of days could tell if resistance is gunna hold. If it does around 63ish first retrace point. A double bottom in the low 50's would be really nice but looks unlikely.
    Heres a weekly, looks pretty nice I think
    I don't hold
    Cheers
    Rod
 
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