XEL

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

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

RSI breakout and failure swing....

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

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 .

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.

Remo, viewed on a 4hr chart this looks very much like a 123 low breakout to me, but I will defer to your expertise.