STTCOMP ARR TA LONG
We are basing the prospective of this chart on two indicators pretty much . Across of the bias line on the rate of change on the daily chart and a morning star candle stick pattern on the weekly chart . Now the geckos theory ? And i don't think ive seen this written anywhere .Is the longer the time frame the pattern occurs in the better it sees the reversal in trend . ie daily chart is three candles weekly is three weeks of accumulated price action and monthly three months accumulated price data should indicate a stronger reversal of trend as they go out. So the long down trend in the weekly is a prime spot where the pattern has occurred in the geckos bag of tricks . imo Could end up squashed in the door as well .
They make a terrible feeling when that happens
Also for action in price is the three exchanges arr is listed on for theory of what will happen is the price need equalise between the exchanges which currently is 14 euro which is about 23 three cents a price difference of 9 cents au . 15 cent usa is 23 au also . The price driver here is a spike to happen on the Australian market to equalise the price somewhere ? Will it go on with it ?I don't know expect a pullback perhaps when it equalises then we fin d out if the trend will hold during the day .So a daily high of twenty three cents is not out of the question come Monday . For those interested Investopedia has some thoughts for cross listed stock worth reading . https://www.investopedia.com/terms/c/cross-listing.asp
