XTL 0.72% 4,672.7 s&p/asx 20

I reckon 'Waaay' too many people have been watching for that...

  1. 16,642 Posts.
    lightbulb Created with Sketch. 1291

    I reckon 'Waaay' too many people have been watching for that inverse HnS, both here and overseas.
    and seeing as the majority are usually wrong in this game, I reckon it almost has to fail ........somehow.
    maybe fail to complete - and breakout above the neckline to make it valid, or perhaps fail completely and instead breakdown,
    ....or something........


    Yep

    To be fair, I reckon Oscar would say that one was "in the wrong place", so to speak.
    I think Oscar generally only points them out, when there is strength (potential buying) right behind them in the background, or when the market is trading under a positive influence, in an existing uptrend.

    cheers
 
watchlist Created with Sketch. Add XTL (ASX) to my watchlist
(20min delay)
Last
4,672.7
Change
33.200(0.72%)
Mkt cap ! n/a
Open High Low
4,639.5 4,672.7 4,638.7
XTL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.