Wasa, you asked for a chart?I think we’re not hearing from the...

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