hi klue
got a couple of charts, first one is with candles as they exist.
by taking this down to 10.5c, this is now a true descending triangle. what is has done is also extend the triangle into April which is when we can start to expect news on any revenue increases. slow stochastic is in oversold territory so looks promising to go back to 12s soon.
someone has held this for months so cant see this breaking out in near future. wouldn't be too worried about volume because this can switch very quickly when props removed.
the next chart is the possibility eight black suggested, the closing of the gap at 9.9c, this would turn the pattern into a descending wedge, which is bullish and extends the pattern further into April. personally am hoping if revenue has increased then news will be released early.
either way we are fast approaching a swing point.
hi kluegot a couple of charts, first one is with candles as they...
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