XAO 0.61% 7,897.5 all ordinaries

Short Term Trading Week Starting: 18 June, page-203

  1. 510 Posts.
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    $TTL

    Held the downtrend resistance break yesterday on the highest volume in quite some time.

    Supply has dried right up at these current levels.

    Excellent register with a few large names (T20 holding 47%) that held the spike through to 5.3 earlier in the year.

    Current MC=$4.3mil + Low EV + $1.85mil in the bank + 173mil SOI.

    High-reward/Low-risk play here, in my opinion of course.

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