Take a look at fibonacci retracements if you haven't already - one of the most underrated indicators IMO and easy to use. The buy signal may be as subtle as a lack of supply below the 61.8% fib level at 48c (ie. It held support). The 50 EMA also potentially provided support here.
Take a look at fibonacci retracements if you haven't already -...
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Last
8,633.1 |
Change
66.100(0.77%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,567.0 | 8,657.9 | 8,567.0 |
| XAO (ASX) Chart |
