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Charting Only., page-244

  1. 2,913 Posts.
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    Wasa, you asked for a chart?

    I think we’re not hearing from the “real” chartist’s like Mirren and Kates as there’s really not a lot to chart at the moment but i’ll offer the following.

    Unfortunately there’s not a lot of positives technically although i did like that gap being filled last week.
    In my opinion the low volume and MACD says it all at the moment. This hasn’t changed since i mentioned that lower levels may be tested a few posts ago. MACD has been incredibly accurate here for a long time and it’s easy to see what happens to the SP when the MACD crosses, check it out. So, for me, it’s a buy when that turns and a sell when it turns down again. Test it out.

    Apart from that, the chart is indicating a very unloved stock at the moment and in need of a good romantic night out to get things going. (A bit like me)

    Cheers 

    https://hotcopper.com.au/data/attachments/1428/1428215-791194d66551712151270dac34d81a28.jpg
 
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