XEL daily 09/05/13
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Interesting one this as it broke down through its uptrend support and has broken back up again within a few days.
It's got a nice corrective wave structure down from the 127p high which ends at the 78.6% Fib and an RSI breakout. Today's close is also, just, a 123-low breakout suggesting further strength to come tomorrow.
It's got a nice corrective wave structure down from the 127p high which ends at the 78.6% Fib and an RSI breakout. Today's close is also, just, a 123-low breakout suggesting further strength to come tomorrow.
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