CAJ 0.00% 38.0¢ capitol health limited

Up Today, page-7

  1. 6,900 Posts.
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    "I presume if the 15's are hit it is a very bad sign technically?"
    actually it was the moment the 17.5 /17's were hit that was a bad sign technically
    17.5 broke down through the trend line of the flag formation, so lower it must go.

    "Alternately if we maintain the higher low of 15.5 we maintain our uptrend?
    15.2 being the low on the 10th of May."

    The uptrend (short term) for mine has gone!!! a close on 13/04 & 10/05 at 15.5 needs to act as support otherwise this may fall back to the 11 - 12 cent range.

    It needed to close last week at 18.5 for the medium term uptrend to commence.

    I will put it on my watch list and if i see a reversal, i'll have another go at it....
    Too many stocks moving at the moment to park money in places that are going backwards or arent moving.

    Cheers
 
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