STM2S, very nice chart and agree to some extent with your points. The price breakout last night certainly wasn't associated with a substantial rise in volume, as you might expect at the end of trading pattern. The shorter term pattern equated to a symetrical triangle, which is now giving way to a decending triangle. In my opinion, it's looking more bearish.
Might still be a bit of trading room before the bottom drops out, but I'm out of the market until I have confirmation of a direction, eitherway.
cheers
Sag
true break, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.88 |
Change
0.010(0.17%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.89 | $5.79 | $977.0K | 166.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1755 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 2358 | 18 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
