Charlie’s Charts 24th April 2024
The local market has again moved up off a lower support zone and close to a Fibonacci retracement level. Could this be the first leg up in a renewed bullish market? The US Dow Jones index looks to have bounced off the 38,000 level for now. James Hardie has fallen below the trend line and the most recent swing low. Data#3 Ltd looks to be holding support. REA Group is holding the support zone for now. Gold miner Evolution is struggling to move above the $4 resistance zone. Iluka looks to be building a basing pattern. Iluka on a monthly […]