Shit sorry mate, missed this post.
I guess todays data has answered your questions for me but please stay away from entries when the SP is printing reds above bollies.
Ed, entries are best made when the SP skips over the bollie median line on good volume or off the lower bollie with a same set-up. Selling is done when the SP trades above the upper bollie, especially when supple begins flooding in as it did creating that wick. Wait for it all to reset and see where the SP bounces off. Will it be the 8ema or the bollie median or will it go all the way back to the lower bollie?
Only thing positive about today was that it was done on only a dribble of volume, it certainly wasn't sold off hard.
Cheers.
ASX: CU6 Outlook., page-53
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Last
$7.35 |
Change
0.200(2.80%) |
Mkt cap ! $2.353B | |||
| Open | High | Low | Value | Volume |
| $7.22 | $7.58 | $7.17 | $8.142M | 1.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3007 | $7.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 2304 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |