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Follow up daily showing Friday's bar and some more detail,...

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Hold Fast

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28/11/16

01:36

Post #: 20922515
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Originally posted by Hold Fast ↑

Been off running Spartan race in Bright over the weekend, lovely place, sensational.
Saw this and thought I'd share, Friday's bar on the daily was a great small spread high volume bar after a previous sudden sharp move down, looked like a shakeout bar on the weekly and now someone mopping up any loose shares to me, my only concern was the close not being higher, however it did close above previous resistance which I took for a SOS. I've included some commentary on the weekly below.
Is this a first sign of weakness setting in or just a shaking out before the next move up?

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Follow up daily showing Friday's bar and some more detail, noticed a failed Spring in there as well, part of the shakeout or am I being a touch optimistic?
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