Looks like we're sitting at the bottom of a positive trend line starting end of 2013/beginning of 2014 (18c), going through the bottom of November 2014 (48c), and March 2015 (55c) and continuing perfectly to roughly where we are about now mid(ish) 80s.
So we're at the very bottom of the positive trend line, in the big picture we're still going up - just with movement between the highs trend line and lows. (RSI showing well oversold also).
I'm in this company for the FA but I think TA can help time your entry. So long as the world economy holds (which I think for now is a storm in a tea cup ... again) then we'll be away laughing next announcement.
Anyone else care to chime in on the TA side of things, I'm pretty entry level with this stuff... and I cant figure out how to post a picture![]()
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Looks like we're sitting at the bottom of a positive trend line...
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