Gold in a wedge and even SPI is a bit wedgie.
Wedges can be terminal moves that rapidly correct to the start of the wedge, retrace a bit and then continue in the opposite direct of the wedge.
They can also be a launching pad to much greater things if they break out in the direction the wedge is going.
In the latter case, expect a prolonged move once the breakout happens.
When they appear late in a prolonged move they are usually terminal.![]()
- Forums
- ASX - By Stock
- XJO
- tuesday night
tuesday night, page-24
-
- There are more pages in this discussion • 7 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 XJO (ASX) to my watchlist
|
|||||
Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a |
Open | High | Low |
7,987.9 | 8,079.0 | 7,979.5 |
Featured News
XJO (ASX) Chart |