Thanks Pete, I like your stuff too....
So theres a larger Fib level at play here? Interesting...I should use longer term Fibs as well, but im a bit slack.
I will admit that trend channels dont work as well with fast moving specs as there is just too much noise going on, but it can give a visual representation of whether or not it's losing momentum in relation to the recent run. Which is then added to the overall picture to make a decision about the stock. So just because the stock has fallen out of a sharply ascending trendline, it doesnt mean I wont still be watching for a break out. Hope that makes sense. A bit of info you probably didnt need...lol
- Forums
- ASX - General
- weekend charting easter
weekend charting easter, page-100
-
- There are more pages in this discussion • 152 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)