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The TA phraseology around here is cracking me up - "confirmed...

  1. Rue551
    23 Posts.
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    15/04/16
    11:39
    Post #: 17512081
    The TA phraseology around here is cracking me up - "confirmed inverse cup and handle", "exhaustion gap", "bearish engulfing"?

    Whatever happened to good old support and resistance?

    On that measure I'd say we bounced off support at 1.20 and are running into resistance at 1.40.
    Last edited by Rue551: 15/04/16
    AWC Price at posting: $1.36 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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