Cookie Policy

Chartsview Blog

The Latest Blogs from Chartsview

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login

Higher Low Needed

by in ChartsView Blog:
  • Font size: Larger Smaller
  • Hits: 1721
  • 0 Comments
  • Subscribe to this entry
  • Print
1721
Picture
Having had the hammer off support and a backtest of the previous support area at 69p, we now need the current level to form a higher low if this short rally is to continue.

The RSI looks promising but until this has that higher low and then a higher high we can't be sure of anything here. I'm still long with my stop just below 63p but I'd really like to see that 69p level taken out now.
0
Trackback URL for this blog entry.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Wednesday, 21 November 2018