XSO 1.17% 3,001.1 s&p/asx small ordinaries

The Brains Trust, page-3979

  1. 1,867 Posts.
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    Its a broad theme Captain, thats fine. I think you're talking big multi-year trends for robotics to affect emerging markets. It will affect high labour cost western countries first but yes eventually that means alternatives to big manufacturers relocating to EM's. The bigger recent problems in EMs are corruption and oil prices as per Brazil and Venezeula. People are stuffed in the latter, what a nightmare.

    Is that chart an EFT. You find some good one's. The text books says a H&S should reach 100% extension of the peak to neckline if I recall correctly. So take that first red dotted line and extend it 100% and that's your first target. About the current price. So fair to take profits.
 
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