It looks like a moderately bullish engulfing continuation pattern. The close was above the above the close of yesterday. Also, XJO printed a new high today (5925) in the current ST up-trend. Conservative target is ~ 5950.
No reversal signal yet with slow stochastic.
Information Overload Friday, page-67
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Last
8,166.3 |
Change
-89.300(1.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,255.6 | 8,255.6 | 8,139.1 |
| XJO (ASX) Chart |