IMU 1.89% 5.2¢ imugene limited

Hi GSCheers for the feedback. I used the wicks for the trendline...

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    Hi GS

    Cheers for the feedback. I used the wicks for the trendline as it seemed to "fit" the trend slightly better, when extending it back from the last major swing high to around ATH's, I posted a chart to slick a few days back showing it. I also used that gradient as it was the most conservative in terms of time for the breakout (the close price gradient was steeper). I could be more sure of the possibility that the trend was changing.

    Horizontal was drawn using the close price as that is the price that incorporated the most candles, as well as a clear strong reversal point from last high. I wouldn't have used the wick there as it would only use 1 candle from that reversal region.

    Why do you suggest one or the other?
    Last edited by GinoE: 06/03/23
 
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