CDX cardiex limited
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I found previous resistance in Feb at 0.066 valve. Still...

  1. rick64
    7,636 Posts.
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    02/02/19
    18:45
    Post #: 37310696
    I found previous resistance in Feb at 0.066 valve. Still learning so could be wrong. Just a basic Commsec chart as still setting up my proper ones in barchart.

    https://hotcopper.com.au/data/attachments/1426/1426593-a9bb42e6f2b815e3ef9d10649b6ed833.jpg

    Also noticing the close on Friday the upper wick shows that it overwhelmingly resisted 6c. From my limited research I see there is a good chance of it returning to that level. I read it as a lot of traders taking profits in this area?
    Can someone please explain why the last candle in the Commsec chart above is showing a doji while in the chart below it is showing what really happened? Is it something to do with the time frames maybe.

    https://hotcopper.com.au/data/attachments/1426/1426603-d5fbe74cf42ff970626d41a2a99e3e5f.jpg


    CDX Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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