The following is from Getagraph.com. I have not bothered to post their information for a long while.
SHORT TERM COMMENTARY: Exco Resources Limited [Thursday 20 Oct. 2011]:
Exco Resources Limited fell by -1.39% last day from AUD 0.72 to AUD 0.71. . In the last 10 days the price of Exco Resources Limited has been rising in a total of 6 out of 10 days, and is up by 9.23% over the past 2 weeks. Volume fell last day along with the stock which actually is a good sign as volume should follow the stock. Last day the tradingvolume fell by -124 095 shares and in total there was bought and sold 541 596 shares for approx. AUD 384 533.
3 MONTH TREND Exco Resources Limited has broken the wide and weak rising short term trend up and even stronger raising rate are indicated. On reaction back there will be support on the roof on the current trend broken, which is AUD 0.70, a level that may pose a second chance to hit a runner. According to fan-theory AUD 0.78 will be next possible trendtop level and thereby pose a resistancelevel which may not be broken on first attempt.
Support/Resistance |s Support 1: AUD 0.65 Resistance 1: AUD 0.72 Support 2: AUD 0.64 Resistance 2: AUD N/A Support 3: AUD 0.64 Resistance 3: AUD N/A
EXS Price at posting:
71.0¢ Sentiment: ST Buy Disclosure: Held
