Cabana Capitals Blog Technical Analysis ASX 225 approaches important level of 8105.8999

ASX 225 approaches important level of 8105.8999

ASX 225 approaches important level of 8105.8999 post thumbnail image

ASX 225 is heading towards a line of 8105.8999. If this movement continues, the price of ASX 225 could test 8105.8999 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Supported by Downward sloping Moving Average

Target: 8105.8999 Entry: 8187.1 Stop: 8219.198

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