Hi Moosie_900,
Yes you are 100% correct and a great analogy of the above chart. I also agree that there is major resistance between the $2.20 - $2.50 range.
In fact FXL had traded between that range from 20 May 2016 - 5 May 2017 and then the major down trend from $2.40 down to a low of $1.54 over 7 days.
I tend to think that we are in an uptrend at the moment and if FXL is able to push through the resistance of $2.50 this will be confirmed and possible return to the $3.50 - $5.00 range.
We need to trust in our management to continue this welcome return to a healthy number.
Cheers Rubes
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Last
78.5¢ |
Change
0.040(5.37%) |
Mkt cap ! $385.7M |
Open | High | Low | Value | Volume |
75.0¢ | 79.0¢ | 74.0¢ | $1.587M | 2.069M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 107169 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
78.5¢ | 108353 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 147 | 0.795 |
2 | 587 | 0.780 |
1 | 4824 | 0.775 |
2 | 40156 | 0.760 |
2 | 10000 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 2876 | 1 |
0.785 | 103353 | 2 |
0.790 | 9000 | 1 |
0.795 | 25075 | 2 |
0.800 | 50324 | 8 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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