"Looking real ugly for xjo. I see it easing back to the 5000 mark shortly."
Really? I see a clear up uptrend, and a channel. Today's candle was bad, but it's not at the top of the chart. Interesting that it closed within the range of the previous 5 candles. Lower channel gives a target of around 5,750, but that would mean breaking down through the longer-term uptrend:
"Looking real ugly for xjo. I see it easing back to the 5000...
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Last
7,737.1 |
Change
-23.900(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,761.0 | 7,768.2 | 7,737.1 |
| XJO (ASX) Chart |