SPI 22.0% 7.2¢ spitfire materials ltd

Spi - chart patterns

  1. 9,485 Posts.
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    Morn folks , not sure if u guys believe in chart patterns ?
    my reading of the spi chart is starting to look like a topping wedge and today was a break to the downside .
    It could also be called a flag indicating trend is down .
    This doesn't feel like a consolidation and continuation pattern which often happens for a period of several weeks .
    I was starting to feel bullish but if we have one more down day , I'll be a seller.
    cheers ge
 
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