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takeover?, page-8

  1. virtual
    1,166 Posts.
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    21/07/14
    15:34
    Post #: 13690987
    So the potential breakout failed, obviously. Now we're in an established channel (white lines). A "higher low" looks to have been printed on the 18th, indicating it may have another shot at the top of the channel. If it clears that hurdle, there's one more...the blue line. By that stage there will be buyers around and I'd be looking to sell into strength. But let's escape the channel first.

    Last edited by virtual: 21/07/14
    AUG Price at posting: $2.08 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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