Hi Paulbooma,
I like to keep my charts fairly uncluttered and simple so I have broken the charts into three. Each showing a specific set of ta indicators.
First chart - parabolic "buy" signal clearly hit at .087. A clear break out to the upside of a flag pennant. Solid move off the 10 day ma on large volume.
Second chart - Bollinger bands squeezed together before breakout. Nice round bottom forming.
Third chart - Fibonacci retrace of 61.8% covered before bounce up.
I have also added(chart not attached)the Fibonacci extension and it comes out with a minimum extension of .13cents at 38.2%. Will be interesting to see if it gets there.
cheers
Ange
