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April 17 2018

Commentary by Eoin Treacy

Email of the day on a potential entry to the discussion at The Chart Seminar:

Is it too late to ask the Chart Seminar view on Harvey Norman HVN.AX

Thanks for this question. Interestingly no one asked to look at Harvey Norman at the seminar.

The share broke its uptrend more than a year ago. I’m sure you will remember the definition of a Type-3 top from your time at The Chart Seminar; ranging, time and size. With the break below $3.50 a clear upward dynamic would be required to question top formation completion characteristics.

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Commentary by Eoin Treacy

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