XSJ Consumer Staples may be building a new leg higher

Potential Buy Alert


XSJ – ASX200 Consumer Staples

Sector Index : XSJ – ASX200 Consumer Staples

Current Price : 9128

Status : On watch for move higher

The XSJ is the consumer staple sector and is showing some long term promise for a move higher. The weekly chart is in oversold territory so we are looking to the daily for a higher low to build for a move out of the current consolidation zone. If we see the price action we like, then its drilling down to some individual stocks in the sector.