Hopefully other chartists can chime in here.The current rise has...

  1. 4,114 Posts.
    lightbulb Created with Sketch. 312
    Hopefully other chartists can chime in here.The current rise has been on very low volume, certainly don't think the current downtrend has been broken nor has a new trend been established. I'm keeping my eyes on the weekly chart where the bollinger bands are pinching and the stochastics has had a positive divergence. Too early to even have a guess. The next month of action should see whether we have a move on our hands or not. 


    Points of resistance:

    1) 2.5

    2) 2.7


    https://hotcopper.com.au/data/attachments/1405/1405147-9e886c565233f27117d3c47b92a90fdb.jpg



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.