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  1. #11
    Membaa
    Join Date
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    Quote Originally Posted by JeremyALD View Post
    Chart looks OK to me Percy. What was your main concern?
    Really? Breakdown of an almost two year rising trend line, failure at the 200DMA, a year of repeated failures at around $5.60 resistance. The trusty weekly chart said sell, Percy seems to have spotted it rather well! $5.00 is support also the 400DMA.

    Indicators are oversold, so might see a wee rally back to the descending trend line from Jan'17, which is still below the long term rising trend.

    Attachment 8814
    Last edited by Baa_Baa; 25-04-2017 at 08:19 PM.

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