Perhaps a slight bit of (potential light) at the end of the tunnel. Fast approaching the 200 week SMA. Currently at 48. See if this acts a support resistance. That’s the good news.
The bad news, has broken the longer term support resistance. At present below the longer term 78% fib at 54, although an incomplete week. Additionally is currently showing number 11 on the most shorted stocks list on shortman, at 6.69%, definitely not a plus. I suspect a significant source of the SP woes. Will be interesting to see if there is an increase in shorts in four days time? I am assuming the answer will be yes.
Whilst I believe in BRN I no longer hold, looking to buy back, hence my interest. I just got tired of the relentless shorting. Although not a phenomena restricted to this stock alone. LI stocks coping it big time.
One day the sun will shine but I think gonna be a long, slow, hard climb back up.
Just my observations, not advice.
GLTAH
Charlie
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Last
25.0¢ |
Change
-0.035(12.3%) |
Mkt cap ! $461.4M |
Open | High | Low | Value | Volume |
28.5¢ | 29.0¢ | 24.0¢ | $6.813M | 26.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 887784 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 23428 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 887784 | 0.245 |
38 | 840695 | 0.240 |
19 | 794138 | 0.235 |
27 | 556335 | 0.230 |
4 | 180333 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 23428 | 2 |
0.255 | 904062 | 19 |
0.260 | 582331 | 12 |
0.265 | 402551 | 7 |
0.270 | 659769 | 9 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
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Change
-0.035 ( 15.4 %) |
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Open | High | Low | Volume | ||
28.5¢ | 28.5¢ | 24.0¢ | 20655408 | ||
Last updated 15.59pm 02/05/2024 ? |
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