weekend charting, page-14

  1. 2,810 Posts.
    I'll do what requests I can.

    In no real order, a-z

    ASX

    Daily shows that it ready to bear trend.
    Any lower lows would be a concern.




    The weekly however looks ready to break out.
    Sitting on nice support.
    Could be an ideal entry.



    AWB

    Daily cloud was used as support recently and it looks good,
    but the lines are a mess. Maybe it just takes off but I would rather
    a cleaner set up.



    BAU

    When a price just goes and goes I tend to come into the action.
    This is a 1 hour chart and has a gap. Use it as support.
    Otherwise the red and blue lines are dynamic support.
    Any drop below blue could be an exit signal.



    BHP

    4 hour is similar to the AWB. A test of support and rally.
    Again a break out with messy lines. Current support mid to high 37's. A test of this support could add to the rally.
    This stock has very good charts across the t/f's.
    The gap on the daily in the low 35's might need to be forgotten.



    The 5 min shows price has been bull trending and is now sitting
    on the cloud. Red and blue still in place to bull trend.
    Lagged line (purple) below candles above blue.
    It is this line that I would follow to view future short term action.

 
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