HMC
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1.26% $12.04 hmc capital limited

re: xmagx chart HiI have missed so many good trades on stocks...

  1. madmacs
    25,374 Posts.
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    20/10/06
    14:16
    Post #: 1869003
    re: xmagx chart Hi
    I have missed so many good trades on stocks that trade thinly and only put beer money on them If ever.
    Anyway this looks OK
    the prevailing pattern to look for here is the inverse Head and shoulders pattern It basically moves in 50% increments
    from head to neckline to shoulders
    I overlaid a set of white quadrants to show you
    The middle of the three downward trendline intersects the neckline and shows this pattern forming..You can see that upper trendline also needs to break and may be your next resistance..As your not a trader I wont bore you with stoplosses, this trades to thinly anyway...
    goodluck
    john
    HMC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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