PO3 0.00% 22.0¢ purifloh limited

This being the TA thread, a highly untutored eye (mine) sees the...

  1. 522 Posts.
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    This being the TA thread, a highly untutored eye (mine) sees the following:

    (1) On Nov 5 and subsequently, what looked like a developing bullish cup and handle pattern was smashed to the downside.

    (2) Currently a head and shoulders may be developing (obviously bearish; if not, then it could become a bullish pattern of higher lows).

    My hunch is that the chart may be being 'painted' to the downside to facilitate accumulation. Happy enough with that as I'm looking to increase my holding along with others here.
 
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