RXL chart, page-3226

Being as this is the chart thread and in the spirit of the upcoming festive season

Thought i would have a stab at the chart

In the scheme of things there is not one positive indicator to give us any hope

But wait all is not lost

What we can see, is that things are about to change

WHY

1 ) As can be seen the by the horizontal line to the base of the triangle the SP has consistently found support @5.2c the 50% FIB retrace level

2 ) The Black lines  highs to the lows are diminishing on every occasion volume is drying up and they are honouring the support and resistance levels each and every run up and retrace

They are the positives looking at my example i think there will be FOMO coming in into Dec and 6c will be tested as we near the end of the triangle but first we could see a final shake out long tail candle breaking 5.2 but closing back @THE 5.2 support as we push into DEC

THEN ITS ALL DOWN TO THE NEWS

Bumper results santa comes early and the rockets will fly along with the SP

Poor results Ebenezer drops by and the 2.5 CR levels will be tested






I am tipping Santa will come early and expecting to see more of the same or similar results as below en mass as has been suggested from those that attended the AGM

And thank you all by the way for your input very much appreciated.


   




Believe Alex is concentrating on grace so only posted those grades

If Alex is mixing it up amongst that lot, you reckon they are all gonna come up dusters somehow i don't think so

Also looking forward to whatever is cooking with the Nickel  

See how we go GL to all