XJO s&p/asx 200
Add to My Watchlist 0.70% ! 8,630.3

redback report, week ending 7 december, 2012, page-5

  1. redbacka
    9,652 Posts.
    lightbulb Created with Sketch. 5623
    clock Created with Sketch.
    10/12/12
    09:45
    Post #: 11167140
    Hi strauss,

    Break of oblique down trend line from 2007. Yes - significant.

    Old rule - both oblique and horizontal must be broken to the upside.

    The biggie now is the horizontal resistance line around 5000.

    Until that's broken we're still in a cyclical bull in a secular bear.

    Plenty of room though for trading.

    Redbacka
    XJO Value at posting: 4,551.8
    Likes Created with Sketch. 2  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Thick zone of high-grade gold mineralisation intersected at Fairview South
right-arrow Created with Sketch.
NEWS Anson Progresses POSCO Due Diligence with Bulk Green River Brine Shipment to Korea
right-arrow Created with Sketch.
NEWS Blue Moon first wedge hole intersects 543g/t gold over 1.2m in laminated quartz vein
right-arrow Created with Sketch.
NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
right-arrow Created with Sketch.
NEWS Significant gold intercepts below Samat and Sorowar pits in resource drilling update
right-arrow Created with Sketch.
NEWS Nyrada advances to final cohort in Phase I clinical trial of Xolatryp
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
8,630.3 		Change
59.900(0.70%) 		Mkt cap ! n/a
Open High Low
8,570.4 8,632.8 8,570.4
XJO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.