@kmin
Hi kmin, no I didn't use log, just standard. Your trend line on the log chart is clearly superior in this case as it does indeed show an important break and retest. It shows 4 or 5 prior bars to validate it. Thankyou for pointing that out, I did miss your post on Friday. Unfortunately with some much crap on the thread, I miss gems like that from time to time. GA for that mate.
My trend lines don't really show squat which is why I placed no weight on them, however your chart tells a very different story. This beefs up my daily e21 validated support by adding your trend line break, and vice versa. Essentially, both have met at around the same level which has now held up as our new support now. At this price point I would potentially place more weight on your trend line at this instant, as unlike the e21, the trend line has not been breached throughout the year with a close. Moving forward the e21 will follow the price up and act as a support on-the-go. Thanks again for pointing out my oversight.
IMUGENE CHART. TA only, page-16283
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