Seems no one has noticed; today marks a material trend reversal.
We have broken above intra-week resistance levels of $0.17 on stronger intra-month volumes.
Volume depth characteristics have changed significantly in the past 2 days. Buyers coming back into the stock; stripping sells 2 : 1, and sell side value has dropped.
Momentum reversal seems imminent.
Whether this is based off expectations of revenue growth, insider knowledge or sentiment change - today marks a material reversal.
BRN Charting, page-872
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Last
29.3¢ |
Change
-0.008(2.50%) |
Mkt cap ! $593.6M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.0¢ | 29.3¢ | $2.722M | 9.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 3250492 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 857158 | 18 |
View Market Depth
| Last trade - 12.46pm 15/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |