There was some very high volume on some selected stocks yesterday, and Options Ex as well, which served to provide a very high volume yesterday on the XJO Daily Chart.
However looking at the XJO Weekly chart, the "Effort Vs Result" looks OK, volume (effort) was higher and the result was a wider spread upbar, closing high.
The XJO looks to be still grinding it's way through a fairly wide area of potential resistance (supply), which would be cleared (if it gets there) around 4633/4634.
(the next one above looks to begin around 4790, if anyone is interested)
cheers
XJO Daily & Weekly
xjo weekend zoomba lounge, page-56
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,226.3 |
Change
26.800(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,199.5 | 8,231.0 | 8,150.1 |
| XJO (ASX) Chart |