88E 20.0% 0.2¢ 88 energy limited

Technical Analysis, page-10

  1. 13,575 Posts.
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    You were right re resistance line Mat.

    Courtesy of todays move/action those stochs have separated more and pointing strongly to the overbought zone now. If the momentum of stochs is anything to go by it looks like it will move again tomorrow.

    Big statement eh after the last month and the current trend

    If one was to have a retrace surely it would be now. However the strong volume today might indicate otherwise if much of that resistance has been cleaned out.

    d.
 
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