watto8871

SYD Airport long term hold

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ASX:SYD   None
Narrowing triangle respecting top resistance all the way , has not broken through lower support, on top of .382 fib, target 1 .618 fib, top of 30 day vwma, 20 and 50 day ma underneath , bollinger bands widening and sitting on top of MA, recent TK cross, Just under kumo, (secret indicator also says long)
Big impulsive move down, red band is a strong point historically,which is target 2

Also a bit of a prophecy here, as looking at the chart, if the uptrend continues, it will co-incide with the opening of domestic airport in June.

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