XJO 0.87% 8,283.2 s&p/asx 200

face down friday, page-78

  1. 18,874 Posts.
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    Hey HBG,
    Good to see you getting into the Chart Posting.
    Here is a couple of thoughs on the XJO.
    What I see on the Daily chart is 100% Fibb in play @5666.71 this will also be a Tripple Bottom, a Left Shoulder has formed along with a Head, whether this pan's out to be another Inverse Head & Shoulders Pattern like the one we just had, time will tell.
    On the Weekly Chart a bounce here is a Double Bottom off the line Parrell to the TrendLine.
    All in all a good spot for a bounce IMO.
    Next week will be intresting..
    All on TA only.
    Cheers Pete.

 
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