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Timonrosso

ASX200 - Target still on its way to 7,814

Long
Australia 200 (OANDA:AU200AUD)  
Timonrosso  
OANDA:AU200AUD   Australia 200
Trend Analysis Chart Patterns Fundamental Analysis au200 asx200 asxlong asx200long
2
0
trendanalysis chartpattern fundamental au200 asx200 asxlong asx200long
Target 1 remains at 7,814 for the ASX200 (AU200)
We based the decision on a large Rounding Bottom that formed in 2022.
Now we have a new Cup and Handle form.
7 >21 >200 MA
RSI >50 - Upward momentum - Bullish
Funny enough, the target remains at 7,814.
BULLISH
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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