Yep I read something similar on Bulkowskis pattern site but it was a 75% breakdown after a poor close in the following 2 bars, however the last 2 bars have closed higher, marginally but still higher, which lends more weight to closing upside to follow.
Looks like some pretty strong absorption happening anyway, and still showing some further strength today. A close anywhere around here on the weekly would be quite positive for next week, interested to see where it closes, cheers
Yep I read something similar on Bulkowskis pattern site but it...
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |