Check the trend line - that is what i was referring to in the st uptrend of the last few days. The horizontal support is 33.5 no doubt but that would mean a trend breach and an excuse to pull back a touch. What you ideally want to see is a retest of 33.5 to determine strength similar to what is happening at cla then wait for momentum indicators to cool letting the st moving averages to catch up (currently at 31.5). Then reboot.
- Forums
- ASX - By Stock
- TMT
- TA charting analysis
TA charting analysis, page-3
-
- There are more pages in this discussion • 233 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TMT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online