I've been watching this one closely. Looks like it's
back-testing the broken downtrend line. I'm somewhat
conservative - I'll wait to see if it holds above the broken TL,
and then get in. Matt indicated 4 is next resistance on the
watch list, though the 20 MA could also act as resistance.
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Can anyone argue an entry
Posted by fearandloathing on 17th of Dec 2008 at 02:46 pm
Can anyone argue an entry point for DXO? Support? Resistance levels?
Thanks
DXO
Posted by rjdst on 17th of Dec 2008 at 03:11 pm
I've been watching this one closely. Looks like it's back-testing the broken downtrend line. I'm somewhat conservative - I'll wait to see if it holds above the broken TL, and then get in. Matt indicated 4 is next resistance on the watch list, though the 20 MA could also act as resistance.