CSL - Which gap will close first? I will probably be looking for...

  1. 289 Posts.
    CSL - Which gap will close first? I will probably be looking for the lower gap to close first and then bounce off the long term support line.

    [URL=http://img203.imageshack.us/i/csllongterm.gif/][/URL]

    [URL=http://img46.imageshack.us/i/cslshortterm.gif/][/URL]

    NCM - Seems to be forming a very long term triangle, has consolidated well and seems to be a good buy at the moment, I would try and average in, in case of further pull back to the long term trend line, with stops below trend line

    [URL=http://img14.imageshack.us/i/ncm.gif/][/URL]

    WOW - Damn this one seems hard to predict, has been pretty volatile, a few trendlines happening, seems to depend which one will be respected

    [URL=http://img62.imageshack.us/i/wowo.gif/][/URL]

    WPL - similar to BHP however the trend is not as long though, will it bounce or fall through

    [URL=http://img682.imageshack.us/i/wpl.gif/][/URL]

    WES - Solid long term support line, and price now seems to have broken long term down trend, which should now act as support.

    [URL=http://img535.imageshack.us/i/weslongterm.gif/][/URL]

    [URL=http://img691.imageshack.us/i/wesshortterm.gif/][/URL]
 
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