XSO 0.16% 2,997.6 s&p/asx small ordinaries

I would be exercising some caution however with TEN. The volumes...

  1. 3,651 Posts.
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    I would be exercising some caution however with TEN. The volumes on the weekly have been falling away and it is coming into some serious resistance around the 24-25 mark ie 24.5. All depends on your belief around whether it is simply oversold and the market is waking up to it, or you are a believer in the Fundamentals (which I am not familiar with). Conversely if it does push through the abovementioned figures then there will be many picking it up from a TA basis and then it will run hard. jmo.

    PS Nice work whomever got their algo on with BSE

    Cheers
    GF

    tenweekly29.5.2015.png
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