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0.76% 7,921.3 s&p/asx 200

Great post.I agree 7200 was the old support which held for 12...

  1. Pandev
    1,224 Posts.
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    03/02/22
    09:43
    Post #: 59320370
    Great post.

    I agree 7200 was the old support which held for 12 months. I would expect bulls to try and re-test that level and reclaim it.

    If it fails to reclaim it, then it will probably retest the lows of 6800 ish.

    This is purely from a technical perspective.

    Keep a close eye on 7200!

    In other news facebook down 20% in after market due to slowing growth. Big hit for tech!

    https://www.theguardian.com/technology/2022/feb/02/facebook-shares-slump-growth-fourth-quarter

    Last edited by Pandev: 03/02/22
    XJO Value at posting: 7,087.7
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    lightbulb Created with Sketch.  Great analysis
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