Australia's largest stock trading and investment forum Australia's #1 stock forum

Hi Jako Hope you had a good day. Perhaps if you could invite...

First 572 Last

Share
Profile

Follow
gamefisherman

3,651 Posts.

69

15/03/16

18:28

Post #: 17281673
Share

Originally posted by Jako64 ↑

I did have a quick look at jims chart, but I struggle with candlestick charts, so I was going to have a closer look at the bar chart later before commenting too much. And I need to have some lines of potential support and resistance on the chart as well, so the story of the price action can better be seen....and hopefully it also makes more sense.

I also note that the high volume downbar marked on the chart, which I guess was the crux of the shorting theory, had an up bar following it (I think - it is a candlestick), which (if all that volume was traded 'on market', and wasn't an 'off market' block trade or something similar) suggested some support was also found within that downbar (it wasn't ALL supply, is what I mean.... otherwise how could the next bar be sharply higher....).

more later....

cheers

Expand

Hi Jako

Hope you had a good day. Perhaps if you could invite jimm into your post he might get your response. To be frank I had trouble reading it.

Cheers
GF
2 Upvote

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

There are more pages in this discussion • 1,887 more messages in this thread...

First 572 Last

SPONSORED BY