Couple of interesting charts, I thought I'd post here and leave...

Couple of interesting charts, I thought I'd post here and leave the text.

Yesterday also I did observe supply thinning somewhat and there were a lot of orders around the 38.2% fib mark, so perhaps a bounce off current levels?

….Eventually a potential Cup and Handle in prospect?

We will see

All Credit to posters @Cabbie and @ValueTracker respectively

https://hotcopper.com.au/posts/37217128/single

"Watching this latest retrace as it approaches that cluster area around the 38.2% fib, could be an overshoot expected as per the circled area to the left"​

​

https://hotcopper.com.au/posts/37218639/single​

"....perhaps a cup and handle at play on the chart? not perfect but looks ok --over a lengthy time frame ,also in a uptrend ,and volume! "​

​

​

​