Zanzibar,
Using 1929 and 1974 model, we don't expect to have more than 30% recovery from low before heading down or sideway.
I expect the rally will stop at around 4400 level. 4800 is a remote chance. I doubt it.
After 4400, it might re-test the low, but I doubt it could form a lower low.
So my view is XJO will be consolidating between 3700 and 4500 range for a while, similar to what happened fro early July to Late Sept, but with bigger range.
- Forums
- ASX - By Stock
- spike at close
Zanzibar,Using 1929 and 1974 model, we don't expect to have more...
-
- There are more pages in this discussion • 2 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
|
|||||
Last
8,013.4 |
Change
31.000(0.39%) |
Mkt cap ! n/a |
Open | High | Low |
7,982.4 | 8,030.3 | 7,982.4 |
Featured News
XJO (ASX) Chart |