ESG 0.00% 86.5¢ eastern star gas limited

Just for piece of mind. Price has been reluctant to pull back...

  1. 251 Posts.
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    Just for piece of mind. Price has been reluctant to pull back lately, indicating to me along with other indicators such as; convergence/divergence with the rsi/macd (ref to chart) in relation to price action along with the volatility and range around the 78c mark indicates to me there is short term agreement on price. This could result in a turnaround in price action. However as you can see the descending triangle is playing a big part in resistance so a break of this and esg along with the modest rise of price back in oct last year should give the momentum to continue the uptrend. Looking at the big picture this is no drop in price but a slow pullback.
    Just my oppinion. Hope this sheds some light!
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