Thanks batikit - nice one. The FLT daily chart is straight out of the trend trader's textbook! Classic capitulation at the end of the decline, followed by virtually perfectly horizontal range bound accumulation. Then textbook emergence of a markup stage with, as you indicated, confirmation of a higher high after the higher low (if it closes today above $34).
Irresistable pattern so I'm in - could have waited for confirmation of close today but am using the previous high of 29 June to define my higher high of 8 August - is that cheating?
Thanks batikit - nice one. The FLT daily chart is straight out...
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 (20min delay)
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Last
$17.13 |
Change
0.430(2.57%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.03 | $17.45 | $16.94 | $37.05M | 2.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6310 | $17.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.13 | 638 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
