XJO 0.09% 8,205.2 s&p/asx 200

fryday's hot specials, page-84

  1. 2,863 Posts.
    The right-angled and ascending broadening chart pattern.

    Price always pulls back to the monthly Simple Moving Average, (currently 9331)



    Bearish price/MACD divergence on the weekly points to a downward breakout.



    Pattern target = 9835 - [(11258 - 9835) x 32%] = 9379



 
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