XJO 0.19% 7,995.8 s&p/asx 200

xjo easter zoomba lounge, page-36

  1. 19,112 Posts.
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    Just on that chart up there (scroll up)

    What I notice straight away is the recent 34 (3.4bil) on the downside, compared to the 31 (so far) on the up.

    Look how easily it fell, and how far it came down, on that 34, compared to the weak rise for almost the same amount of accumulated volume.

    Either it is being held up to sell, or it is absorbing supply to get ready for a rise.

    That ease of movement to the downside has me a bit concerned so far, although the sentiment thingy, says volume recently has been potentially more bullish than bearish (slightly).

    Mind you it is very new and could just be a load of hogwash....

    cheers
 
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