Just going back to BMN, after Ravo pointed out some time frames, i quikly ran the tape over it again
The sequences which see to work are 13/26 weeks and also 40 weeks, 40 being the highs( 394 and 414), 13 being 130 and 130 lows, and then 26 being the june 07 high on 259.
I also added the 130 support line and i reckon you can count of that being resistance soon ??
So counting forawrd these weeks seem important , 10 April and 1 May
You may or may not heard of people talking about an MA forming on the SP500 and many think it will occur, when i look at the weekly on BMN, thats the first thing i noticed so i thought i would share it, looks dangerous but fantastic for trading and i know nothing is a guarantee, but it will mean the end of the bear, so i think BMN's bear is over :))))))
Anyway many know i trade turns in the markets and even though i dont trade BMN i found it very clinical and a good example to share
- Forums
- ASX - General
- weekend charting part 2
weekend charting part 2, page-25
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)