Here's a summary --
905.7 is also 1/4 retracement of the current move down (956.23 to 888.86).
Moving above that would weaken the whole move down.
Not moving above that holds the move down in a strong position.
Moving above above 903.78 and turning down before 905.7 holds the downtrend in a strong position but it doesn't qualify as a fast trend down and its not gaining momentum.
Moving above yesterday's high (898.69), then turning down sharply before 903.78 is the worst case scenario for a bounce, holds the move down in a strong position and suggests the move down is gaining momentum.
Going to watch NSW get thrashed despite them poisoning is the MIGHTY QLD!
- Forums
- ASX - By Stock
- XJO
- tentative tuesday shorting
tentative tuesday shorting, page-90
-
- There are more pages in this discussion • 23 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
8,103.2 |
Change
-6.700(0.08%) |
Mkt cap ! n/a |
Open | High | Low |
8,109.9 | 8,110.2 | 8,073.7 |
Featured News
XJO (ASX) Chart |