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Bixley
Mar 6, 2020 1:59 AM

ASX Idea Short

ASX LIMITEDASX

Description

Potential short opportunity, can be seen to be hanging under the resistance line, with an immediate death cross on the daily chart in play, these are usually more effective on the weekly chart but we will see how it plays out. Aussies spending too much money on toilet paper..
Comments
Morkymoo
Looks like it's passed the death cross. So we expect it to crash a lot more now?
Bixley
@Morkymoo, could rebound off the purple fib EMA, probably will form a bear flag at that level. Aussie stocks look weak.
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