MOS 0.00% 16.5¢ mosaic oil nl

Only my opinion gobris, but after breaking the neckline on...

  1. 3,360 Posts.
    Only my opinion gobris, but after breaking the neckline on strong volume, it has retraced on very low volume. This is a very normal occurence after a breakout and often price will reach down to touch the breakout level. If it was retracing on strong volume I'd be concerned. Ideally at some stage soon a swing low will be confirmed. Then look for increasing volume. If this is the case its probably a good opportunity to add more if you wish, with a stop below the most recent low.

    Updated chart



 
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