Tech/a on Technical Analysis

[tech/a]

@tech/a sorry, "the supply has left the building" comment is from the CHC chart you posted on the 10th Feb. I was trying to figure out if you apply the same principles for supply (on daily chart) vs supply/support on 15min chart. They may very well be 2 different things in your view but I was unsure.

Could you perhaps post a 15min chart that you have used to identify areas of support as an example please?

Ill use CHC

I was unlucky on this one.
Stopped by a cent and just left it
without having a good look.
I haven't looked at the lower frame chart
for a long time.

Im sure my in attention will be very clear on it!

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[jjbinks]

Hi TA,

Whats your thoughts on Polynovo. Seems to rising on volume which his (Slightly) higher than recent average.

 

[jjbinks]

Also with INP if you were to trade the reversal out of the VC zone would you put initial stop just below VC box at 7c?

 

[tech/a]

INP I expect the VC bar to remain as strong support
Price was held high and a break below would be unusual
Particularly short term stop around 8.5 c

 

[tech/a]

GEM
Stopped this morning.
One of the benefits of moving the stop up.
Unexpected plummet. Could have been a lot worse.

 

[Ann]

GEM
Stopped this morning.
One of the benefits of moving the stop up.
Unexpected plummet. Could have been a lot worse.

Using the concept of volume, which I am now going to put a major focus and push into...be ready for many questions and a few contributions like this next one on GEM.
If I had been watching GEM and volumes, I would have looked at EqiVolume. This really raised a red flag. Big volume resistance right at this level. No surprises with the fall if you look at EV. I do glance at EV on occasions, probably not as often as I should.

 

[tech/a]

below is a group of charts which have what I consider excellent patterns.
I haven't had time to mark them up as I usually do but Thought they were
of interest before today's trading.

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[tech/a]

 

[debtfree]

Thanks @tech/a for the charts and also the time you put into them.

Just in case someone wants to know, Tech/a 1st chart today is IFL

 

[tech/a]

Thanks DF

 

[just_jay]

@tech/a I'll have a go at marking up some of your charts. Let me know if I am on the right track.

 

[tech/a]

Pretty good job jj

Ill mark it up when I get a chance but you chart highlighted some great examples
I have marked them. There really is a story and today being such a bearish day sees
a lot of these stocks holding up pretty well.