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Disclaimer: This presentation is for educational purposes and the views expressed are those of the speaker alone and investors should seek independent.

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Presentation on theme: "Disclaimer: This presentation is for educational purposes and the views expressed are those of the speaker alone and investors should seek independent."— Presentation transcript:

1 Disclaimer: This presentation is for educational purposes and the views expressed are those of the speaker alone and investors should seek independent advice ph: + 61 2 9439 3192 email: rjcmeani@idx.com.au

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3 Breakdown Apex Share Price Volume declines until breakout Volume should increase on break Breakout distance to apex is 66- 75% Descending Triangles © Regina Meani Chart & Technical Services

4 Double tops Volume follows the price until the first peak – increases on the break 4 to 12 weeks 15% to 20% Peaks within 3% Share price neckline © Regina Meani Chart & Technical Services

5 Head & Shoulders tops Volume follows the price until the peak – increases on the break Share price neckline © Regina Meani Chart & Technical Services

6 Double bottoms Volume follows the price until the first peak – increases on the break 4 to 12 weeks 15% to 20% troughs within 3% Share price neckline © Regina Meani Chart & Technical Services

7 The Diamond Share price © Regina Meani Chart & Technical Services Volume can be irregular- and increase on the break

8 Height of triangle - h target Forest Place Group limited Volume should decline throughout + increase at break h 54 © Regina Meani Chart & Technical Services Descending Triangle

9 Forest Place Group limited 54 © Regina Meani Chart & Technical Services Find the trends

10 target Forest Place Group limited Volume should decline throughout + increase at break diamond Necklines for tops 55 Regina Meani Chart & Technical Services Other patterns

11 Extend the lines Reversal phase Support becomes resistance Trend break 56 © Regina Meani Chart & Technical Services Head & Shoulders bottom

12 The rest of Kaleidoscope is not available Arrange a Full Presentation Call our office: (02) 9439 3192


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