XAO 0.74% 8,479.0 all ordinaries

NUH TA LONG Historical price behavour can prove to be a valuable...

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    NUH TA LONG

    Historical price behavour can prove to be a valuable tool.The first ascending triangle following a 63% retracement has shown a successful breakout during the 3 swing after 147 days. We now find ourselfs in a similar position following a 58% retracement from our most recent high with an identical ascending triangle 147 days in and developing the 3 swing to test resistance within 2/3s of the triangle. https://hotcopper.com.au/data/attachments/1598/1598012-db7d726da3665ba0d8c5181df1c917e2.jpg


 
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