Technical analysis - reversal signals

[Garpal Gumnut]

Hell ASX I thought for a minute you were coming over to the darkside with the Constable and I.

This is a typical bottom pickers trade---but he just may have lucked out if he knows how to play it.

Its low risk only 2.5c and you know your wrong! Anyway thats what I would do if I had it.I think R/R is better long than short.
Wont be a fast move 18c+ isnt out of the question better to take the play from the analysis below than when it was around 25c---Unless it gets delisted
in the near future!

Its a shocker of a trade but---

MBT---your not here for the trading--right!

Dear tech, he'll need more than luck, more like a miracle.

Its a dead Parrot.

Garpal

 

[moses]

The trajectory of MBT is also down.

But the trajectory of the buying pressure is UP. Ever so slightly atm, a very weak signal...but up nevertheless. This will be interesting as a bottom pick.

 

[Kauri]

Would be nice to see a bit of a support base form between 11c and 16c, with a possible buy on a strong break out of channell. Not for me at the moment.

 

[BIG BWACULL]

Dear tech, he'll need more than luck, more like a miracle.

Its a dead Parrot.

Garpal

Hey garpul one of my parrots MBT up and flew away "its a miracle"

 

[BIG BWACULL]

My other parrot BNT is still a bit sick though and with a bit of T.L.C he might fly away too fingers crossed

 

[Chorlton]

But the trajectory of the buying pressure is UP. Ever so slightly atm, a very weak signal...but up nevertheless. This will be interesting as a bottom pick.

Hello Moses,

I've noticed that you have posted a chart from the InsideTrading website.

Could I ask you whether you have been a subscriber there for a long-time and what your thoughts are of the service they offer???

I was considering subscribing and using their indicators in my trading but wanted to have some recommendations from current users before commiting money to it.

Have you found their indicators to be useful and equally important do you think it has improved your overall trading??

Just interested in your thoughts......

Kind Regards,

Chorlton

 

[BIG BWACULL]

TECH, KAURI OR MOSES GORILLA or any others with some input could ya please run a T/A on BNT again for me, its been a couple o months, and want ta hear a couple of thoughts from yas, Maybe the smart money analyser or somethin or some candlestick movements, Long term support seems to have been shattered but maybe lately with the volume there might be some re direction hopefully UP Is there any reversal signs or am i beatin a dead horse .CHEERS BB
Ill bump this tomorrow for some input as its way past alls BEDTIME adios amigos

 

[tech/a]

Fraid its not good.
There is nothing on this chart that even sniffs of a reversal,even a temporary one.

AGet has this as a wave 3 of 5 in a down move.
VSA shows nothing.

Only positive thing I can see is a double bottom at .087.
If broken then all hope is lost in the near future.

Hey also noticed MBT.
It did get up and flying!

Has come back to roost only reciently.

 

[BIG BWACULL]

Fraid its not good.
There is nothing on this chart that even sniffs of a reversal,even a temporary one.

AGet has this as a wave 3 of 5 in a down move.
VSA shows nothing.

Only positive thing I can see is a double bottom at .087.
If broken then all hope is lost in the near future.

Hey also noticed MBT.
It did get up and flying!

Has come back to roost only reciently.

Thanks for reply Cheers mate Thanks