Actually charts do work here...
There was a lot of money pumped into this over the last week, it was time for consolidation and profit taking. The instos are making a killing out of this...GAP filled, next leg up (a base to form)
Yes - TA hasn't exactly gone as expected over the last few trading days, but that what happens when you have FIN's calling the shots here!
@FullMoonFever - pre warned us all Chikou Span was trending ahead of Tekan-Sen (legend call)
The inverted Head & Shoulders called by @madmacs early last week!
@trader_10 - also called the Stoch was over bought territory
45min chart showing STRONG bull action before close - lots of buying!
Actually charts do work here... There was a lot of money pumped...
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