The old chart is showing some interesting stuff.....Originally Posted by Hoop
Chart below was drawn on the 26th August and sent to 3 ST members who PMed me confirming if my charts like theirs were triggering a sell signal..my reply was my chart below is saying the announcement drop is probably a short term buy opportunity and the opportunity window is starting to close with DYO analyses disclosure
Hmmm...bounced of 178.5 this morning...The trading price (TP) estimated was 178..Hmmm a short term buy?..I wonder if my drawn in support (a confirmed neck line??) at 180 should be lowered to 178...The depth data says no as there is weak support now at 180 and also 170 ,175..This depth behaviour could be fickle ... looks like small investor nibbling around emotional price levels (the 5c multiples) rather than analyzed price figures...probably a sign todays AIR market is currently in limbo..
Disc: staying away..not buying
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