Cheers...
PDN. I agree it is strong at present but consider this.
About now I would be taking some profits off the table. Reasons...
Look at weekly and monthly charts. Both have pushed very hard. Monthly has broken out of a 20d BB with lots of volumes. All good if this continues but similar has occurred at the same level as mid 2021.
Monthly RSI divergence and MACD below but may push from here.
Weekly, RSI in oversold territory, higher volumes recently.
Daily, lots of spikes in price. Is that FOMO kicking in? Sell (some - 30% is my normal basis) into this push IMO.. Then decide on the balance later.
Up to you but just trying to provide some helpful advice.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-12276
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Last
8,017.6 |
Change
58.300(0.73%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,959.3 | 8,037.3 | 7,959.3 |
| XJO (ASX) Chart |