XPE Charts, page-6808

Hmmm, looks like someone sold a parcel or two today and wants back in at a lower price. Why else would one randomly post an hourly HA chart without discussing other time frames? Months ago the same contributor was posting the daily HA chart on a regular basis but now it's pick and choose to suit.

So for the sake of a balanced view here's the daily HA chart - note the succession of green candles coming off an oversold position on the Stochs and RSI. Also note the Andrews Pitchfork trigger line (green resistance line) that has clearly been breached.


Weekly HA chart is also looking good IMO with the current candlestick (week-to-date) having just posted a higher high and so far higher low vs the previous week. The SP has spent a number weeks of consolidating @7c average but that may be about to change. Is this weeks higher high / breakout the final part of an important reversal pattern that will see us back to 10-11c within a few weeks?


GLTA and please DYOR.

Cheers
Elpha