Cabana Capitals Blog Technical Analysis Either a rebound or a breakout imminent on ASX 225

Either a rebound or a breakout imminent on ASX 225

Either a rebound or a breakout imminent on ASX 225 post thumbnail image

A Channel Up pattern was identified on ASX 225 at 8212.1, creating an expectation that it may move to the resistance line at 8250.5875. It may break through that line and continue the bullish trend or it may reverse from that line.

Target: 8250.5875 Entry: 8212.1 Stop: 8190

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