XJO HOURLY ... Further to my posting on the 31st ... https://hotcopper.com.au/posts/72169594/single ... , and since PB mentioned the (very S/T)Hourly was coming into some suppt the next(down day) morning I thought I would throw in my chart' now updated to take in the EOW data.
Short_Term HOURLY CHART ... That Up-Trend is still very much in tack. In addition, we again have (numerous) closes above my S/T Fib range 2.618% extension(Road_Map), and with Friday's bounce coming from the 2nd test of 2.0% Fib, the probabilities increase for this to reach its full potential of this timeframe(for me that's ~7850 or even as high as 7975) B4 we see any significant correction start.
Now have a look a look at the L/T HOURLY CHART ... for further evidence of continued UPTREND. Since the Nov.'23 low its still trending beautifully within its uptrend channel. Thur.'s low was right at the mid-point of that trend. The previous pullback low was also suppted there.
So, in SUMMARY ... we have the S/T Hourly, L/T Hourly, Daily, Weekly and (significantly) the Monthly all in strong uptrends. Very Hard to LIQUIDATE here on Technicals but equally hard to say BUY here on questionable Fundaments.
- Forums
- ASX - By Stock
- The Brains Trust - 2024
XJO HOURLY ... Further to my posting on the 31st ......
- There are more pages in this discussion • 727 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 XSO (ASX) to my watchlist
(20min delay)
|
|||||
Last
3,059.5 |
Change
47.900(1.59%) |
Mkt cap ! n/a |
Open | High | Low |
3,011.6 | 3,059.5 | 3,011.6 |
Featured News
XSO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online