Australia's largest stock trading and investment forum Australia's #1 stock forum

Hi @float^Have you considered the 2nd of those 2 peaks...

First 1472 Last

Share
Profile

Follow
poyndexter

39,888 Posts.

447

29/04/25

22:17

Post #: 78848966
Share

Originally posted by float^: ↑

Had I stuck with my guns and used a slightly wider stop, I would have been set with a short. First impression is always correct.

The U-shape indicates bullish bag holding. The yellow line delineates (for me) a move back into bullish conditions. It's had 2 cracks at it. The 3rd should follow through hopefully, with a target of 617.75. But then down after that.

Expand

Hi @float^

Have you considered the 2nd of those 2 peaks representing a double top failure, rather than a knock 3 times breakout?

You have 43 mins.

Bring your buddies @nugett and @rebel1 with you if you can.

Cheers
Dex
1 Upvote

Reply

Top Stories

CUV

Clinuvel shares dip, even as CEO comes back from temp leave

Zip's stunning comeback: Is this the start of a $14 revival?

MEG

Iberian expansion: Megado turns to Europe with Spanish copper mines

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

RML

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

ASX

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 1472 Last