G79 0.00% 2.7¢ goldoz limited

Might I point out that most of the predictions were for 11.5c+ -...

  1. 466 Posts.
    Might I point out that most of the predictions were for 11.5c+ - and most of these were not made by chartists (unless playing darts counts). The chart for me was bearish up at 10c in the short term...

    7.6c wasn't my call, however I still see anywhere between 6.7c and 8c possible - today's up move was on low volume which suggests to me that there is still a high probability of short term weakness.

    IMO the chart hasn't shown anything at this point to suggest buying demand... Sure this could easily gap up above 10c on good news... but this doesn't make the TA wrong...
    Last edited by sprintingduck: 03/03/17
 
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