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past and recent activity...juju, page-4

  1. 13,575 Posts.
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    I'll take that double top back actually Punters.It was just the eod oppies chart that was looking a bit double toppish.It had already done this in recent trading(at 17.5c intraday)and has now kicked back up to 17c.

    However the ords sp has now revisited that 28c resistance.Eod ords looks like it may be headed up with our strong buyer PERHAPS upping the anti a little.

    Micro double tops are always a bit dangerous as they should be looked at in the context of the overall trading trend and the recent trend is one of relatively strong accumulation with a slight upward move.

    The micro double in Oct/Nov 06 is a case in point and looked what it did soon after that!!!

    d.
 
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