Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

0.22%

8,221.9 s&p/asx 200

ASX Morning call 14th Nov, page-2

First 2 Last

Share
Profile

Follow
5speed

10,740 Posts.

2086

14/11/18

09:02

Post #: 36494799
Share

Originally posted by Owenb79 ↑

Yesterdays plan was to sell the unfilled extreme gap from the big move overnight. It was all one way traffic yesterday and did not get high enough made its way down to S3 and hovered there all afternoon.

Today is the same plan that gap will continue to attract price at 5882.9. I am going to have a look also at fading yesterdays traded high at 5863 for a reversal. Its a big area but thats where the sellers will be. Instead of buying now hoping the gap will fill wait for it to fill then take 10-15 points.

I have marked the gap on the daily. You wouldn't even know there was one looking at this chart the XJO opened around 5860 yesterday and the daily bar on the chart is 5941 which is wrong. Testing the top of the channel at the moment. Hopefully get some consolidation here and do some nice range trading.

Expand

"You wouldn't even know there was one looking at this chart the XJO opened around 5860 yesterday and the daily bar on the chart is 5941 which is wrong. "

Per the XJO chart, the XJO opened at 5941.

XJO Value at posting: 5,834.2
1 Upvote

1 Great analysis

Reply

Top Stories

SKC

SkyCity jumps 2% after copping A$3.6M fine from NZ High Court – far below AUSTRAC's fine

4DX

4DMedical lands Philips US reseller deal with eye to Veterans Affairs' market post-lung damage

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

LGM

Legacy hits high-grade gold, silver and copper through drilling at NSW's Bauloora

ZER

Zeta Resources seeks to resolve the Panoramic takeover story

There are more pages in this discussion • 63 more messages in this thread...

First 2 Last

Add XJO (ASX) to my watchlist