Australia's largest stock trading and investment forum Australia's #1 stock forum

XMD

Click for more information

0.04%

10,571 s&p/asx midcap 50

The Big Boys, page-384

First 384 Last

Share
Profile

Follow
CaptainGrumpy

4,594 Posts.

177

30/11/15

15:22

Post #: 16510895
Share

Originally posted by Rhodes ↑

I don't want to turn this into the NCM charting thread but I a had a bit of time for another look at the chart. There looks to be a 119 week cycle which gave the midpoint of the high's and the breakdown of the 2008 low multi-pivot support. Hopefully the chart is self explanatory. I like ABCDE patterns, they generally give a violent and tradeable move when they break, if you can recognize it and catch it, otherwise you just watch it and shake your head in frustration when you miss them. The NCM chart seems to like them as well. You can see where the other 119week cycle hits are. I've highlighted them in yellow. Take a look where price is now and tell me what your own analysis says price will do....

View attachment 118878

Expand

any targets Rhodes?
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 612 more messages in this thread...

First 384 Last

Add XMD (ASX) to my watchlist

(20min delay)
Last 10,571		Change 3.700(0.04%)		Mkt cap ! n/a

Open	High	Low
10,567	10,576	10,507

XMD (ASX) Chart