Yes we exhaust the sellers - they finish the selling with a puff. The sellers run out of gas. The close knocked another 6 points off the intraday low for XAO suggesting a lot of selling between 4 and 4.10.
It happens both ways up and down. Trends exhaust into highs and lows.
It also got real close to the lower channel line (10 points on XAO)
No guarantee but looks good so far.
Yes we exhaust the sellers - they finish the selling with a...
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Last
7,804.2 |
Change
-18.100(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,822.3 | 7,822.3 | 7,802.4 |
| XJO (ASX) Chart |