Saturday, February 5, 2011

WESFarmers : Flag on Daily chart : Consolidated Triangle on Monthly ??

Watch for a bit of pull back on the hourly chart.
If it happens at all.









If price can break resistance. Possible target $40-$42.

Take Care, its weekly chart.

Expect intra-fortnight play.


Take a look at the daily stochs.

Its pointing up from a low base.

And Price action showing a possible Flag.pennant pattern.

Watch for break to enter.


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