XAO 0.67% 8,022.9 all ordinaries

Short Term Trading Week Starting: 6 May, page-103

  1. 1,388 Posts.
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    STTCOMP MYX, TA LONG
    First STT comp entry sorry. I may have mucked this up. No idea who this company is or what it does except from the name.
    Main prevailing downtrend broken about Sept and formed a minor uptrend. 20MA and 50MA have crossed the 200MA to the upper side and upper resistance has been tested with the uptrend 4 times. December volume indicates crowd psyc. shift and the big volume spikes are present during the minor uptrend period with overall volume decreasing. Final resistance line at round number 0.80 and breakout confirmed above 0.82. Reasonable targets at Fib levels and green lines.
 
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