weekly - divergence between RSI, slow stochastic and price since september. price has penetrated the 41 week EMA, but closing seems to be just above or on it.
i would be looking for a bounce off $2. had my stop set for 21 week EMA. weekly stochastics i think would signal a buy around $2.
it's gapped down between $2.6 and $2.5 on the daily so that's an upside target for when it does turn around.
i like the story of tox and i see this as a long term good trade. atm though showing some signs of weakness- most small-mid caps do in times of uncertainty, unless they're mining gold!
- Forums
- ASX - By Stock
- what happened yesterday
weekly - divergence between RSI, slow stochastic and price since...
Featured News
Add TOX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online