Confident late buy for a close of 5.0c on Chi-X yesterday and another lining up this morning. I've still got the TA training wheels on so be nice, basic observations assisted by Commsec's interactive charting;
- Trading above the 20 day SMA which just beginning to kick up, yesterdays early excitement pushed the candle out of the upper Bollinger band, wouldn't mind a day or two of consolidation here.
- MACD looking bullish, above the signal line and has just broken zero.
- 30-day RSI is trending up with a bit of breathing space before things again become overbought
I'll be staying long for now and looking for a break of 5.2c
Confident late buy for a close of 5.0c on Chi-X yesterday and...
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