AIO 0.00% $9.13 asciano limited

Hi Cyberderek,-the up trend that started since 9-10th March is...

  1. 516 Posts.
    Hi Cyberderek,
    -the up trend that started since 9-10th March is still there
    -however the new trend since 8th April has been broken....we have been trending down since Monday....but on low volume and as someone else had pointed out that we had finished a lot higher than last weeks same time Friday
    -looking at Wkly charts we have been getting higher highs and higher lows ...so there is still upward trend...short term we might get some hesitancy regarding sp movement...I am thinking this coming week we will get movement that many on here are expecting.

    -Looking at the chart still waiting for a breakout of the wedge to confirm direction ...smack bang in the middle.....thought breakout would happen on Frid....but not to be (just means more spring for the next run :)) ...resistance at around the $1.60-1.63 mark

    Cyberderek -Wouldnt hurt to get Haspetes, Kevi, Ipod or Adwebster's opinions on AIO charts as at this stage they are more versed and experienced at reading charts....they are exceptional when it comes to sharing their knowledge.

    -best of luck AIO'ers-

    -as always "mine is mine" yours is yours" :)

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