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To see the forecast of 13th September 2008 for Straits Resources Ordinary (ASX:SRL) click on the following link to the appropriate Blog Archive.
SRL was then at $4.00. The forecast was that it would drop to a minimum price of about $2.00.
http://donoghuecomputersystems.blogspot.com/2008/09/straits-resources-straight-down.html
As you can see from the latest chart above, NCM closed today Monday 6th October, 2008 at $1.825.
Note that the forecast drop from the Head and Shoulders pattern was a minimum target.
James Leo Donoghue
You can get our weekly forecast for any Australian stock listed on the ASX for 10 weeks for a total cost of only Aus$55.00 (incl GST).
To see the forecast of 13th September 2008 for Straits Resources Ordinary (ASX:SRL) click on the following link to the appropriate Blog Archive.
SRL was then at $4.00. The forecast was that it would drop to a minimum price of about $2.00.
http://donoghuecomputersystems.blogspot.com/2008/09/straits-resources-straight-down.html
As you can see from the latest chart above, NCM closed today Monday 6th October, 2008 at $1.825.
Note that the forecast drop from the Head and Shoulders pattern was a minimum target.
James Leo Donoghue
You can get our weekly forecast for any Australian stock listed on the ASX for 10 weeks for a total cost of only Aus$55.00 (incl GST).
Or get a monthy update for 1 year for only Aus$120.00 (incl GST).
Contact us at DonoghueTechnicalAnalysis.gmail.com
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