STT Week end 19th May 2023, page-13

  1. 1,982 Posts.
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    I'm in Melbourne all next week so nothing on the watch list.

    Buys this week
    I pyramided ( is that even a word LOL ) into ESS. there's a gap above at .53.
    CXO struggled at the 200sma, a pull back and bounce off the 8ema. happy to hold here
    MAG closed above the swing high and my next target .15
    MAY I have a small position, just for the 50/200ema cross this week. It's pulling back and I suspect will bounce off the 20ema and rise further ( or not )
    ARU putting in a lower low and bouncing off strong support here. It's important to look at the largest volume candles ( negate the ones either side of earnings ) these are the most important levels of support and resistance.
    https://hotcopper.com.au/data/attachments/5289/5289808-1fe687415554793885bd1c7646b24c84.jpg
 
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