hmm yes today bounced quite nicely and candlestick will have a nice long 'buy' wick. However should encounter some resistance around 4730 (IG CASH).
So is this a flag continuation pattern to the upside? or will it bounce off downtrendline and breakdown towards the 4500 mark?
imo another classic example of 'dont sell on mondays'
however statistics should not be relied upon for trading.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |