XAO 1.42% 8,065.5 all ordinaries

STTCOMP ERX TA LONGVCP (volatility contraction pattern) looked...

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    STTCOMP ERX TA LONG

    VCP (volatility contraction pattern) looked to form under 0.082. Had a couple of shakeouts in the base and held the 20d and 50d MA's. Price tightened and has gone through the resistance. All good signs, but want to see the buying support continue and keep pushing the stock into new highs.

    https://hotcopper.com.au/data/attachments/1487/1487124-fe2e35af776df8e9ca6733a5eba8aef1.jpg

    Do not hold
 
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