Interesting comments from Fundies at Commerbank,
...they state that recent gains in Stirling will be capped by poor data (I wonder if they're expecting more poor data)
A minor aside, while the H&S is fairly obvious, its formation could possibly be validating a larger bearish diamond (rare formation in equities) it would be interesting to hear from one of the Uber Tech's on this view
...they state that recent gains in Stirling will be capped by poor data (I wonder if they're expecting more poor data)
A minor aside, while the H&S is fairly obvious, its formation could possibly be validating a larger bearish diamond (rare formation in equities) it would be interesting to hear from one of the Uber Tech's on this view
- this said the move down will only start once the ST ascending TL which happily bounced @ 1.591xx breaks.
- Just to add to the technical view, current short players could be squeezed as high as 1.602xx in the opinion of some bullish boys (I don't see it)
- Apparently the formation often has multiple false breaks before the final move (as with most breakouts)
This arbitrary aside brought to you in the interests of some charting talk