XJO
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0.93% 7,889.6 s&p/asx 200

tgi friday, page-5

  1. Calvo
    10,572 Posts.
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    06/11/09
    06:57
    Post #: 5879390
    Nice rally, it played out like I expected it to.

    A couple of nice shorting opportunities whereby the fast stoch coincided with 200ma resistance. The second time the fast stoch hit the 200ma there was a bullish convergence developing in tandem with buy alerts popping on the indices; which made the bear case very weak. 1055-1060 is support now I would think.

    XJO Value at posting: 144.50
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    lightbulb Created with Sketch.  Great analysis
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