zoombie,
the red line is the line in the sand..(LIS)defines the trend
above you are long, below you are short..
against the trend is for scalping..
as all those nos are very strong nos, as they stem from the LIS.
if you look at the chart you can see how it will hit a no, and it has 80% of a retrace, perhaps to the next no ,but if against the trend it is a scalp..until it breaks the LIS..
hope this helps explain the road map to you
ac :-)
- Forums
- ASX - By Stock
- XJO
- spi road map page 5
spi road map page 5, page-42
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,150.0 |
Change
-55.200(0.67%) |
Mkt cap ! n/a |
Open | High | Low |
8,205.2 | 8,205.2 | 8,107.6 |
Featured News
XJO (ASX) Chart |