Short Term Trading Week starting: 9th Oct, page-227

  1. 982 Posts.
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    The Andrews Fork on the MOY daily chart has been channeling the down trend since June.

    Horizontal resistance up at 18c repelled the bulls last time the bulls tried to bust the fork.

    This time around the resistance at 15.5c was breached yesterday with the close at the high 16.5c and touching the upper tyne.

    Recent volume matches the accumulation.

    Watch this space, as they say.

    MOYdlyPF2.GIF
 
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