XAO 0.07% 8,705.0 all ordinaries

Short Term Trading Week Starting: 5 November 2018, page-2

  1. 3,651 Posts.
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    @valen1828


    Hi Val, been a while and good to hear from you. Thank you for the tag re TRS. Nicely picked up and it could be one that has been unduly hammered by the overall market. Lets take a look at the weekly and it clearly shows long red weekly candles for the weeks ending 26th August 2016 where is was smashed down 23.56%, then week ending April 7th 2017 down 39.39% then week ending October 19th down 45.33%. Importantly there last two weeks has seen a period of sidewards consolidation. I am going to go Long $2.20 to $2.40 based on the curtain dropper and see what happens. I really like your setups their. Appreciate the heads up


    Cheers

    GF

 
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