XJO 0.71% 7,783.0 s&p/asx 200

paddington bears - sentimental thursday, page-31

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    a simple bull case :

    XJO has been doing its dirty best to penetrate up through the 200 day ema. No luck so far. XJO could shortly find support on the 50 day ema and bounce thus forming a reverse H&S. A successful break of the 200 day ema this time would see a target at the level where the XJO broke down last July.


 
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