AQA 0.00% $3.37 aquila resources limited

final hurdle jumped, page-4

  1. 11,875 Posts.
    mrssp,

    Don't worry too much about that. When the DOW retraces and then turns back up, AQA should swing up with it. But wait for the stochastics/RSI (~10 day)to cross up say the 20 or 30 line before jumping in. Why? Because the DOW futures that the SPI follows seems to only get into a run away up trend when the falling resistance line is crossed on the pull back

    That might be where the bot buying turns back on

    Of course nothing is ever guaranteed. But what I have noticed is there is a delay between SPI movements and buying/selling giving time to jump out if the SPI moves a big distance in the wrong way.

    I think this is how it works and it makes sense, because SPI pull backs can be temporary before they continue in the same direction(up).
 
watchlist Created with Sketch. Add AQA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.