weekend charting 8th jan 2010, page-89

  1. 9,861 Posts.
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    KZL

    This pattern looks pretty mouth watering to me from a TA perspective, especially when its has just played out for me with FMG.
    If in fact it does break out above the 122ish reistance then the next resistance line is 200

    The time cycle is very strong and suggesting the break out, daily chart has just left a gap 2 days ago so it either fills that first of just keeps going ? Daily is overbought at present and no higher swing bottom since the push off this time. One to keep an eye IMO

    Regards
    Rob


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