Good Morning and Welcome to the XJO Friday Thread
News for Today (AEST)
The XJO closed higher on Thursday,
spread was narrow, close was high, on volume (value traded) that was just a little above average.
Bit of a questionable bar really, as the narrow spread and high'ish volume infer some selling pressure.
Which isn't much of a surprise, I mentioned that yesterday as a decent possibility,
and I am expecting that a retest of the breakout is a fairly high probability.
On the other hand, the bullish view would be absorption of supply at this new level.
As usual the next bar will offer some confirmation, of the previous bar, and the overall story as it unfolds.
Good Trading and Investing
cheers
- Forums
- ASX - By Stock
- Transparent Accounting - Friday
[IMG] Good Morning and Welcome to the XJO Friday Thread News for...
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,761.0 |
Change
59.300(0.77%) |
Mkt cap ! n/a |
Open | High | Low |
7,701.7 | 7,779.0 | 7,701.7 |
Featured News
XJO (ASX) Chart |