Bobby_Axe

Bobby_Axe

Looking to go long on pullback to trendline support.

Bobby_Axe

Will look to go long on pullback to the trendline support if PA plays out

Bobby_Axe

Nice bounce of support line - Looks like a hammer forming on the 2H chart. Confirmation should see bullishness to continue.

Bobby_Axe

MMM Channel Plays

Bobby_Axe

Bearish Wedge - Weak volume on uptrend signalling weak rally, short side favoured. Waiting for pullback to hit longs off previous support levels on trend channels.

Bobby_Axe

Target for Upper Trendline at least. Bounce off RSD support

Bobby_Axe

Should bounce off trendline support as proven before for next leg up

Bobby_Axe

Correction seems inevitable however PA remains above support. The next few days will dictate trend.

Bobby_Axe

No real signs of reversal to current trend. A lot of bears out there expecting a reversal and weak economy to prevail but as per chart lots of current support and trading out of bullish triangle

Bobby_Axe

The FTSE 100 trades within the channels quite well and the recent high is similar to high observed in 2010-04-12. Will the price action repeat, if so a decline lower to channel support followed by uptrend continuation of bull rally or a break to start the trend reversal. (My First Published Chart).