technicals by goldoz, page-2

Thanks Country Writer thats an interesting read

I just have to comment on Mendelbrot Fractals, Thats pretty far out stuff and very tongue in cheek when you read some of the authors disclaimers...clever perception none the less and wow if that comes off....
The Cup and Handle statement is also dodgy as C and H readings and 100% cup height breakout projections must have a strong bullish trend to start the pattern with...
It certainly doesnt exclude the other favourable readings of this patterns setup...Just a triple top breakout is pretty good..Higher lows in the handle ..increasing vols to the breakout...etc..

I loved the chart and have been advising a family member with a decent holding, he has already locked in a very nice profit
and still holds...?

speaking of dodgy charts...lol
check these for a progressive longer view..It was 68c in 2001

Making peanuts in Kingaroy..about to roastem..lol


Hey Dave if your there

This is where the charts high percentage tics make TA look pretty rag taggle and your FA kicks in strongly.