Glenxtrata

That level has held for the time being. 311 would be a good place to have the order to open at.
hence why i said above 310. some people use 3 pips above a resistance and some use 5 pips Depending on price really.
Im using 1 pip as that level has held this back a few times so even a penny i suspect may be enough to get this moving.


dl.dropboxusercontent.com/u/4899609/glen20thdec.png

annes goal wrote: I noticed there were a couple of fairly chunky buys when it first hit 310 - others are obviously thinking like you Remo!!

I noticed there were a couple of fairly chunky buys when it first hit 310 - others are obviously thinking like you Remo!!

Possible 123 low breakout forming....
Long above 310 and stops below the 2 point.

dl.dropboxusercontent.com/u/7238706/GLENCORE%20XSTRA.png

The look back view



dl.dropboxusercontent.com/u/7238706/GLENCOREcloser.png

.... and the closer in look.

A long on the break of 310 looks good; stops below 296; 1st target 347.

Going very well at 311.30

Sorry, no chart but this is now approaching support around 304, and 50% fib, and 161.8% extension of move down from 348.05