This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Wednesday, June 30, 2010
AXA : Update 010710
Monthly chart. For perspective not trading. Prices seem sto be out of the red support line. $5.00 may still be reached to close off the gap on the weekly chart as well. However, stochs on daily chart has rise from O/S levels. Maybe a bounce, a correction. Weekly stochs as per previous post is in consolidation near O/S levels. A base maybe forming. However volatility in weekly prices may be wide and may cover $5.00. Be watchful and let the stop be the stop.
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