Sorry but do not have time for pictures - please draw your own
Quote:
Originally Posted by
trader_jackson
Of course I am pleased, I'll only be happy once we hit the triple cent mark ;).
I was genuinely interested as to when other people would deem PEB to be in a 'confirmed' upward trend, so I do appreciate your view on this and completely understand, thank you.
Anyone else have any other thoughts regarding when you would deem an upward trend PEB?
PEB:
has definitely broken any downtrend that it was in :t_up:;
Is definitely in an uptrend that 'begins' 25/26 Feb 2016 :t_up: :t_up: (& could drop to 55c tomorrow without breaking this 'aggressive' trend-line);
Could be deemed to have bounced off the trend line (on a log chart) that started back in August 2008 and has thus confirmed it :t_up: :t_up: :t_up:.
So see how it goes from here :drool:.
Best Wishes
Paper Tiger (wearing his best TA hat)