@snout Nice chart. NCM chart is a ripper isn't it. I had the early July pullback as the backtest of the neckline you showed; GIANT IHnS, I thought but then this pullback and today gap down to that line again. = potential bullish (but scary for holders)
Todays action clear breach of the simple UT line formed by Mar/apr/may lows. = bearish
So where to from here?
I note that if it goes up again from here then an even bigger IHnS will be on the cards Neck = $38.15ish Left sh 2019 highs. NOW THAT WOULD BE A $17 projection! TA nirvana (for me) would be a smallish LL here with RSI divergence (my fav) as a BUY signal .... but that is just hopeful thinking. I just need a confirmed TA reason for a BIG entry here abouts.
Anyone else?
@snout Nice chart. NCM chart is a ripper isn't it. I had the...
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Last
3,067.7 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XSO (ASX) Chart |