Sunday, January 22, 2017

Australia all ordinaries index technical analysis chart and technical tips updated on 23rd January 2017 Monday




Australia all ordinaries index finding support at current levels @ 5702.

Bears will be favored once index closes and holds below 5702.

If fails to close below 5702 then some bounce back can be seen in All ordinaries index.

Australian Investment management firm "Allan Gray" said that companies that floated in the last three years disappointed in 2016, with none securing a spot in the 10 best performing stocks among the ASX All Ordinaries.

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