RE: CHARTS -T LINE TIPS17 Oct 2018 12:20
live company group
Good morning guzz,
apologies for the delay
still can't post my charts so narrative
ta will have to suffice for now.
have not looked at fundas in detail
would you be so kind to precis a summary of this share's attractions on my chat board for my followers as i intend to bring it to their attention as it looks interesting
monthly chart with fibonacci added
based on fib projections upside resistance likely to be 77.65. 88.15, 105.13, 124.69, 149.58,221.51,337.90
downside support 69.16,60.67,50.17, 33.19
at 67.27 bull run started in march 2018 has halted and retraced to fib 50% from the high of 105.13.
weekly
bear retracement halted close above the T LINE = potential buy
daily
bear retracement definitely halted. 2 major candlestick reversal patterns @ end of bear trend followed by price close about the T line stochastics was in oversold area now pointing upwards
suggests probable buy
not infallible
hope price action analysis helps with your decision making.
remember fundas don't move price . investor sentiment to fundas moves price
take no notice of rampers, derampers, trolls , even me
dyor and make your own choices/decisions
good luck