Met up with old army friends over the weekend and the topic of stocks came up. My friend shared that he was owning Newcrest Mining , #ASX and therefore I was curious about all stocks.
Looking at the 52weeks levels, I am taking that the current downfall might be good if it falls below 2014 Low , causing whatever is above to be a bulltrap.
on first glance it looked like a small accumulation pattern. However, to be more in aligned with dow theory of LH LL, I will seeing it as a bear flag.