CSL
Making the new high forced me to adjust the idea, however i suspect its close to, if not put in a peak.
The preferred idea is a "triangle thrust" so its already peaked. But there has been no strong price action to suggest a reversal.
The alt idea is that of a small dip then a new high and remain in a wedge shape for the alt idea of an ending diagonal.
I still suspect this is close to a large reversal, the RSI suggests its a 5th wave.
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Last
8,875.5 |
Change
22.500(0.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,853.0 | 8,885.3 | 8,853.0 |
| XJO (ASX) Chart |