XJO 0.58% 8,091.9 s&p/asx 200

Fair enough Barnsty, you have used the two bottoms to draw your...

  1. 650 Posts.
    Fair enough Barnsty, you have used the two bottoms to draw your channel and I've used the two tops. The reasoning behind my method is that the channel angles drawn from the two tops seem to correlate to resistance and support area's throughout the preceding weeks. We are only slightly differing however and a target of 4500 still applies on both methods. It's good to note though, thanks.



    Seems to line up with the neck of the H&S pattern that played out also.
 
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