11.8 has some historical resistance/support but every time its...

  1. 7,012 Posts.
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    11.8 has some historical resistance/support but every time its broken that resistance its gone on to higher highs. IMO that's why its struggling at these levels. If it breaks through and forms a low above 11.8 IMO I think you can expect some good gains from here. The little arrow on the far right is the rejection of the break of 11.8. If it pulls back from 11.8 and then re tests it again that would constitute a trade setup to take a position at 11.85 with a small bullish candle in the 10/20MA zone.
    I'm lolling but I'm looking at the buy/sell right now in commsec iress and it looks like breaking the level and moving up! Looks like good times ahead for TCL!
    TCLCapture.JPG
    Last edited by Nanood: 06/04/17
 
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