Monday, August 2, 2010

Charts - SP Austnet

SP Austnet is treading on the base of the range.
Has the trend changed from uptrend to down trend?
Support at $0.98/$0.975. A break may see $0.965/$0.96
MACD and Stochastics turning down.

3 comments:

  1. As expected, SP Austnet broke support of 0.975 cents and closed at 0.97cents. Confirmed downward trend.

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  2. A safe level to enter is at 0.935/0.93cents where Fibo will drop by 78.6%

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  3. Bought 20 lots of SP Austnet at $0.96 on 12th August 2010.

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