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15-04-2014, 06:08 PM
#3691
Pretty close to that 2830 Fib support ..... break through that and next Fib support is 2440. I have a new chart showing the 2440 support level
He pretty cool that Fibonacci guy. Amazing how often those magic numbers / sequences appear in nature
One of well known ones is associated with spirals .... bet Mr Fibonacci didn't forsee the XRO share price spiralling down as it is
But tomorrow is another day. The 2830 might be the bottom this time round. If so even 3000 will look pretty good
Last edited by winner69; 15-04-2014 at 06:55 PM.
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15-04-2014, 10:02 PM
#3692
Member
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16-04-2014, 09:15 AM
#3693
Junior Member
I'm hoping it follows the DAQ a little more today. In and out of this like a Yo-Yo in the last year, overall it's been a positive roller coaster ride, until cart lost a wheel in this latest decline and SL was set a little low Righto, looking for that next buy-in to recoup.
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16-04-2014, 09:18 AM
#3694
Member
Salesforce, Workday, NetSuite all posted nice gains. One would assume Xero might start to follow suit at some point!
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16-04-2014, 09:34 AM
#3695
Its easy to forget that a year ago it was around 1200--Thats alot of gaining in a year so its not surprising its given up some.
Its still over double that amount so in that context its not unthinkable to even give up a bit more without tarnishing the company to much.
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16-04-2014, 09:45 AM
#3696
Junior Member
Now if SLI could just bounce back Id be a lot happier,and DIL....which I'm now expecting to be a longer journey.
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16-04-2014, 09:49 AM
#3697
Member
Originally Posted by skid
Its easy to forget that a year ago it was around 1200--Thats alot of gaining in a year so its not surprising its given up some.
Its still over double that amount so in that context its not unthinkable to even give up a bit more without tarnishing the company to much.
OTOH everyones had another year of positive growth and positive news outlining the potential of the company - so far Xero hasn't put a foot wrong.
(which makes me a little concerned if/when something doesn't work out for them)
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16-04-2014, 09:53 AM
#3698
Originally Posted by catchbag
Now if SLI could just bounce back Id be a lot happier,and DIL....which I'm now expecting to be a longer journey.
My sentiments exactly
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16-04-2014, 10:04 AM
#3699
Junior Member
And there Off and racing, now that's a better start!
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16-04-2014, 11:02 AM
#3700
Member
Originally Posted by catchbag
Now if SLI could just bounce back Id be a lot happier,and DIL....which I'm now expecting to be a longer journey.
Wow, DIL is the standout performer so far today and is helping add some cheer to my portfolio. Looks like XRO will need some positive news to shake off the blues though. Interesting how the XRO sp reacted so strongly to the NASDAQ fall but has not bounced back as strongly as the other tech stocks. I suspect the negative analyst reports of the last few weeks are still dragging on sentiment. Hopefully it has stabilized though and we wont see further large falls.
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