Jamiee - good luck with your BBOZ (Hmm perhaps I don't mean that because it would mean my positions would be eroded by a general market decline). If the XJO chart (as I see it of course) was a stock on my watch list, I'd be a buyer not a seller. The rise to the previous high with increasing volume means if it breaks through the current level it is looking at a rise to around 7,291 - which has been a target I've had in mind for several months.
PS: As you understand Wyckoff patterns there is one marked in my XJO chart which has the point & figure chart target Wyckoff promotes of 7,174 - so quite close to current level. Also a secondary target of 7,379 might come into play if price breaks 7,291.
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Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a |
Open | High | Low |
7,921.3 | 8,000.0 | 7,921.3 |
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XJO (ASX) Chart |