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0.87% $60.00 asx limited

Resistance is broken to the upside.The longer term chart pattern...

  1. Rondog
    673 Posts.
    lightbulb Created with Sketch. 11
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    10/10/11
    17:23
    Post #: 9121500
    Resistance is broken to the upside.

    The longer term chart pattern shows the ASX to be approx. 50% the way through a rounding bottom pattern. If it remains on its current trajectory, it is looking to re-test $40 in about 6 to 8 months time.

    DYOR

    ASX Price at posting: $30.05 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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