Potential Trade BSL |
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Decan_Frost
Regular Joined: 18 Dec 2004 Location: Australia Posts: 40 |
Post Options Quote Reply Posted: 17 Jan 2005 at 1:55pm |
Would appear,resistance is being experienced,roughly where anticipated.Lets see if we get the push to around 9.00.
Edited by Decan_Frost |
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Decan_Frost
Regular Joined: 18 Dec 2004 Location: Australia Posts: 40 |
Post Options Quote Reply Posted: 17 Jan 2005 at 1:50pm |
Edited by Decan_Frost |
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Cobra
Regular Joined: 08 Nov 2004 Location: Australia Posts: 76 |
Post Options Quote Reply Posted: 14 Jan 2005 at 12:55pm |
Sorry, 'at the moment'. Not some cryptic chart indicator
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Owen
Regular Joined: 15 Nov 2004 Posts: 97 |
Post Options Quote Reply Posted: 13 Jan 2005 at 9:55pm |
Cobra, what's atm?
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Cobra
Regular Joined: 08 Nov 2004 Location: Australia Posts: 76 |
Post Options Quote Reply Posted: 13 Jan 2005 at 12:36pm |
My 2 bits worth?. Daily shows weakness, weekly shows inconclusive ie
too early to call, no firm trend?. It would have to conclusivly break
$9.00 for a breakout to the upside. Depends on your time frame. With
the general market pushing all time highs the risk is that the US will
tank and our market will correct in sympathy. I'm more comfortable with
a select portfolio of stocks (at multi-year highs) to short atm.
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Decan_Frost
Regular Joined: 18 Dec 2004 Location: Australia Posts: 40 |
Post Options Quote Reply Posted: 12 Jan 2005 at 7:34pm |
I,m not a financial adviser and this isn,t a buy recommendation,but seems like we are all a bit chicken to go out on a limb with a potential mover.So with all that said and a very high probability of this security doing the complete opposite.....here goes. Looking for support at bottom horizontal blue line,around 8.51,with resistance at top blue line 9.00. Go long if support holds, or if breached could bounce at around 8.20, bottom diagnol line. Good luck!..
Edited by Deacan_Frost |
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