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[sharechat] dogs dogs dogs - THL

From:	Tony <tony@ltdrisk.com>
Date:	Mon, 30 Jun 2003 10:11:39 +1200

A few years ago I bought THL @ 150 on  a tip from DF Mainland and it visited
165 briefly and now its down around 100 ever since.
I didn't practice discipline then but I guess now is a better time than at
90.

Would a TA practitioner please offer some interpretation...?

My chart shows a steep uptrend since mid May with a horizontal resistence at
115. A triangle?...pennant?

My interpretation:
Price is trying to rise but has hit resistence and will fall again.

OR
With the 30MA about to cross the 100MA, is this a sign of a further uptrend?



Tony de Bruyn      tony@ltdrisk.com



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NZX 50 Index	3225.14	1.70
S&P/ASX 200	4818.10	3.90
Dow Jones Industrials	10624.70	12.80

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