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Sxx

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12 years 4 months ago #8739 by SirRichardBunson
Replied by SirRichardBunson on topic SXX In a Tailspin?
Jackozy, Hope your well, If we do get your trend line touch at 4pish then surely the 123 low breakout will be below 8.5 as 4p takes the sp to a new low and therefore a new 123 will be formed giving a top of 1 possibly below 8.5

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12 years 3 months ago #8919 by Jackozy
Replied by Jackozy on topic SXX In a Tailspin?
Not sure this is going sub 6p now since it's forming a higher low and looks to be about to test 8.5p again. If it does then I'll either enter on a close above 8.5p or on a retrace from there hopefully at something like 7.25p in what might be an ascending triangle. Target initially would be 11p and then maybe 12.5p after a retrace. It'll be very tough to crack 12.5p though. Here's the chart:



dl.dropboxusercontent.com/u/20815047/FTS...SXXdaily07_12_13.png

Yes, I know it's another AIM stock so beware and USE STOPS!
The following user(s) said Thank You: CT79

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