Volt,
that might tie in with the current rising wedge on the XJO. Statistically, rising wedges break down (more often), and target their base line's origin. The most common point for the break down to occur is 80% to maturity. I have placed a fib time scale on this chart so you can judge where the "80% to maturity" point would be
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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 |