weekend charting 13/14 feb, page-27

Morning all

A few charts below and will add tomorrow, If it interest anyone i will touch on range trading again, as scilliams and a few others will testify, you get to sleep like a baby LOL

Regards
Rob

SPI/XAO/XJO

I can sniff some divergence there and while its play it safe with risk and reward I think a trip to the 41ema is possible still. Note 4600 old support and the 21 ema is there as well.



BHP

Same here although has built a nice little support but rememebr this can be a bear flag although the gap looks likely.


WPL
Has used the SPP allocation as a magnet and been great to trade the range daily offering nearly a dollar a day, although yesterday i got stopped :(( And yes it was my own fault



XFJ

Wow have the ranges here been amazing and the selling pressure on some days relentless, i have my own thoughts on yesterdays sell and wondered whetehr the weak were selling to the strong. Below this is ANZ which I identified around the 20 for longer term support, if it breaks here maybe 17ish.
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