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WOWs seasonal pattern

Chart Forum » Stocks - ASX: long term & fundamental » WOWs seasonal pattern

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archer
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Username: archer

Post Number: 2187
Registered: 11-2002

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Tuesday, July 12, 2011 - 11:20 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Vertical lines are mid to late July
wows


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msparks
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Username: msparks

Post Number: 1373
Registered: 10-2004

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Wednesday, July 13, 2011 - 06:18 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi Archer
Is that a seasonal low in July you are suggesting ?

I was looking for it to get to 29 dollars on the triangle breakout but not looking too likely now.




"I have my own unique system "
"I manage to lose money in bull and in bear markets "

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archer
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Post Number: 2188
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Thursday, July 14, 2011 - 10:34 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi Mark
Its not so much a seasonal low but more a time from which it starts a multi month rally
Most times it has been a low but on a few occasions its already trending up
If this year is the same and it makes a move to the 30 dollar mark again it will be the 4th time its approached
that point and as gann noted the 4th attempt has a very high probability of going thru resistance and that would mean this long sideways pattern is over







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archer
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Post Number: 2189
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Thursday, July 14, 2011 - 10:53 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Monthly view

wow

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