I think you could be right but I base that on the DOW chart.
I use Investing.com charts and they don't always come out, like now.
I might try once more.
The DOW will need to reverse it's downtrend or Oz stocks are likely to follow IMO.
That could be difficult as the price is on the resistance line of a descending channel, indicating ATM it's overbought.
I have taken some profits.
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83.5¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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2 | 10424 | 0.825 |
2 | 4219 | 0.820 |
6 | 346691 | 0.815 |
3 | 54030 | 0.810 |
Price($) | Vol. | No. |
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0.840 | 40000 | 2 |
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