re: emerging from wtf mode ... a cautious long Hmmm ... again the disconnect from the DOW and private equity pools menacing our icons generating a frenzy of due diligence ... QAN holders with a median price of say $3.70 will be laughing with the Board accepting $5.11 offer.
On the other hand, there are some who are feeling a tad nervous remembering '86 ... tight stops.
As previously, both XJO and DOW in wtf mode and we here needed that which confirmed as consolidation at important 5450 level ... and as a series of higher lows (trendline) readying for an upside break at triple-top at resistance (R3) at 5500.
Sooo ... finger on the trigger Tuesday/Wednesday for the LONG signal confirmed today ...
Cheers ... tight stops.
This is only my view ... read the red stuff.
covered our long ..., page-12
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Last
8,259.4 |
Change
-35.700(0.43%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,295.1 | 8,295.1 | 8,251.9 |
| XJO (ASX) Chart |