MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-295

  1. 12,650 Posts.
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    Its still on the fifty day moving average ? Breakdown from there could be the caution the markets worried about technically .

    I dont have any indication this is to change stt .

    We could put in schools of thought that sideways trend will occur for a continuation of trend . Its a pivot point though in the battle thats for sure .

    Lets say its just the beginning of the curve back to trend if it plays that way and its just distribution of profit curve perhaps?

    All i have is sell signals technically but we have had them before stt . Its pivot point area for different methods . Happens at the top also of the waves . The crest breaks .

    How accurate a chart is to this depends . Fibonacci ratio of rabbits would say the ratios get longer so i dont know this or others much but peaks and troughs will be longer also in the trend .

    Just thoughts on it chart wise .
 
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