Xstrata

Anyone looking to go long/short on XTA?

I personally want to trade mainly miners and banks next year and so have been looking to really get studying on XTA.

Anyone recently peeped into our ol gal XTA recently?

dl.dropbox.com/u/4385922/xta0311.png

It seems to have come up to trendline and 200 MA resistance. I like to think there is an ascending triangle being set up in the bigger timeframe and there will be one more opportunity knocking round before it breaks the trend line.

Any thoughts?

Hi
There is long term trendline at about 1035 and strong resistance at about 1039

dl.dropbox.com/u/35299169/2012-11-03_1003_xta.png

also careful with this as its in a take over situation. I tend to avoid these things as you can can hit by the unexpected.

One of my favorite shares.
remo

I've been waiting ages to go long at 893 as there are 3 levels of support there, but it looks good for a short with stop above 1008 due to the bearish engulfing candle. May be worth waiting for an entry half way up today's candle though (remo's method for marubozus):



dl.dropbox.com/u/20815047/XTAdaily07_11_12.gif

my 9yr old daughter is loving the "homer in undies" profile jakozy....Simpsons has become her fave programme all of a sudden - got to vet which ones she wathches though - save the borderline ones for myself

The who profile?

I uploaded a photo from last Christmas...