XEL : Support and Resistance

dl.dropbox.com/u/4899609/xel19thoct.jpg

support. 102,,99.25,,94.5,,93.39(61.8 fib),,84.64,,64.75
Resistance 112,,123,,139.4,,144,,149,,188.75

For real strength to come this has to breakout past 144.If it does it should fly to 190ish real quickly.
If you were looking to go long on this then the best levels would be around 94p(in the middle of 2 supports)





dyor
remo

Hi Remo,
Is there any way to make these images bigger, I can't read the important bits (the numbers) even when I click the image it doesn't make it any bigger??

hi ademcg
not from the forum you cant. Ill have a look but doubt i can make it any bigger.
But if you click on my dropbox link it will make it bigger as its the whole chart uploaded to my dropbox.
remo

ahh, I didn't see the link !!
I am a very visual person, just clicked the pictures !!

Hi Remo,

FYI Bloomberg reports a low of 70.75 on 26/06/2012 on XEL, so you're right, that candle should be disregarded.

If you want to get OHLC data from Bloomberg to cross-check anything suspicious, access their web service with the following:

www.bloomberg.com/apps/data?pid=webpxta&...07-H,PR008-H,PR005-H

rdb1979
thanks for that.
only reason i know that price is dodgy is due to the fact that i was watching that share during the fall.
Most charting software has that same error. very strange

remo