ARM approaching 123 low buy?

Trendfriend
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11 years 2 months ago - 11 years 2 months ago #12811 by Trendfriend

Replied by Trendfriend on topic ARM approaching 123 low buy?

Just a bit of caution here Anne, this looks bearish to me at least in the near term...

Looks like a series of bear flags, and gap downs on the daily atm... i think it will continue for now...
uk.advfn.com/p.php?pid=chartscreenshotsh...Wi7P3U=&symbol=L^BLT

The best place to go long looks to be the trendline at around 850p (rising daily)...
uk.advfn.com/p.php?pid=chartscreenshotsh...6fJw%3D&symbol=L^BLT

This is still in a uptrend long term... so still good imho...
However if that trendline at 850p area goes this would confirm bears in in control...