weekend charting march 18-20, page-110

de317 TAH,

First the LT view to show you how close this thing is to shattering LT support



Then the ST view to show you that there is a total absence of indications that there is any immediate prospect of this thing going up. Price is below EMA8 (green), which is below 41 which is below 195.

If you want to play with dangerous things, it might pay to have a plan. Having said that, TAH (and the Vic Govt) was responsible for my biggest ever loss of 17K in 5 minutes. Not even a stop loss strategy can save you from those ones.

Matts,
thanks for the PEM post.