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Hi Pinozi - is it not a little risky going long here or you're...

  1. Thommo25
    320 Posts.
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    03/03/17
    12:02
    Post #: 23074550
    Hi Pinozi - is it not a little risky going long here or you're playing a 1hr like oversold bounce. Seems like it could be a continuation to the downside catching out a lot of longs.

    Just curious but being Friday it could all just be an end of week rebalancing - definitely if commodities or oil continues down in what looks like its daily cycle, ASX will come under pressure in the weeks to come.
    XJO Value at posting: 5,716.0
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    lightbulb Created with Sketch.  Great analysis
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