That Bullish Absorption really stands out now, 7 bars in a row closing mid to low but all still above the open of the initial down bar of the 2 BR, only one lower close in there and some very Upthrusty looking bars but price just kept grinding higher regardless of those high volume down bars, lots of effort with no reward to the downside.
What do you think of the high volume on the reversal bar, would you consider this a scramble for positions?
Hot Copper Charting and Chat, page-53
-
- There are more pages in this discussion • 306 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 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 |
