XEL

It's marginal but I have Wednesday's low above Monday's low with a bounce in between and a new high yesterday.

Those lows are the other way round on the hourly though.

Still, looks like a complete wave pattern and an RSI breakout. We'll see.

Jackozy wrote: Great call on this one twl2009!

Nice bullish close to just about complete a 123-low breakout and a close back above the uptrend support. Looks like a completed corrective wave sequence down from 127p to the 78.6% Fib too. Nice:

dl.dropboxusercontent.com/u/20815047/XELdaily09_05_13.gif

That's not a 123 low breakout. It needs to go down then break above .

Great call on this one twl2009!

Nice bullish close to just about complete a 123-low breakout and a close back above the uptrend support. Looks like a completed corrective wave sequence down from 127p to the 78.6% Fib too. Nice:



dl.dropboxusercontent.com/u/20815047/XELdaily09_05_13.gif

www.dropbox.com/s/og0jgylejmekaip/Screen...%20at%2017.09.34.png

RSI breakout and failure swing....

This is currently broken through the 2 levels of support together. This could head towards the main up trend line at 80 p now.

skipper10 wrote: Hi Remo I get this for trend line

Hi skipper10
On that day prices did not go as low as the price on my chart 35.84 as i was watching this share on that day.I think that a lot of charting software has different prices for that day so i personally have not used the low on that day as an important level due to this fact.
when prices on a chart show massive moves on a day like this you have to be careful with using the data as may be incorrect.
Your price is different from my one and im certain that my one is wrong on this matter. Its all down to one trade that went through in the books on that day.
Your trend line is how i normally draw them but on this occassion i would not draw it using that low. Just due to the questionable day.