XTL 0.79% 4,409.5 s&p/asx 20

@mirren I've always thought of QAN being tied to the price of...

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    @mirren I've always thought of QAN being tied to the price of oil, if it goes down QAN costs go down so the share price goes up. It does look like bullish absorption as @Beany72 says.
    On a different note I was looking at RSG monthly and drew some lines at high volumne levels then zoomed in to weekly and daily charts.
    The main thing I saw was how the recent share price moved around these lines and they became support and resistance lines.
    rsg monthly 23062018.png

    rsg weekly23062018.png

    rsg daily 23062018.png

    I use weekly charts, now I might have to start using monthly charts more often.
 
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