I look at larger cap shares more often now because they are easier to analysis with respect to volumne and price movement. However I have a small portion of cash to trade the spec end of the market as old habits keep bringing me back here.
I do use combined asx and chi-x end of day data.
I agree with your comments it appears stopping volumne has occurred and it responded and broke out of the bottom. Now it has come back to retest the breakout and bounced up. The small volumne on the last bar caught my eye as it seems to look like a test bar.
Of course next week will confirm it or not. As it is not in a general uptrend this bar has less strength or importance so it will be interesting to watch.
Have a good day, any comments welcome.
Hot Copper Charting and Chat, page-333
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