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Considering no bad news, there seems a routine that two...

  1. mcexplorer
    5,546 Posts.
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    17/03/19
    12:03
    Post #: 37788384

    Considering no bad news, there seems a routine that two consecutive downward corrections (which both have similar size to go down with!) are enough and then rebounce should be following. I just made this conclusion from recent movements of both BIN and SPT.

    https://hotcopper.com.au/data/attachments/1472/1472282-4f7fc26627c379d3c223104564474d1f.jpg


    https://hotcopper.com.au/data/attachments/1472/1472281-fe6596d30d6d857be7ac63f4cae8e6da.jpg

    SPT Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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