Well here we are again stuck in a trading range thats gone on for weeks, feels like months....big yawn....there has to be a breakout on the cards soon as the bollinger bands are contracting inwards, meaning a breakout is around the corner.....now which way is the question...macd and rsi on the daily and monthly arent giving away much as there mostly flat with exception given to the weekly macd which is still pointing down but rounding up.....the obv is still looking positive on both time frames meaning accumulation is still taking place....now back to sleep i go on this one until it breaks.
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burns, philp & company limited
wake me up when it moves//chart, page-18
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