There it is, a beautiful monthly rounding top pattern 5.50-6.00-5.55
As I predicted last week a rapid smackdown 5.80-5.50 to the next support at 5.50
16c red bar 6c wick 1c tail, closing on daily lows as I said,
terrible candle at this point of the chart and very bearish cliff face formed downwards RHS.
shorted all day and even in the closing bell
the daily floor at 5.55-5.60 ended hitting back down to scrape the bottom
This sets up a crack at 5.50/5.40/5.20 for the next support levels for the ascendant shorters.
They are eyeing off that 4.65 annual low hole unless it can find support 4.80-5.50 somewhere
Looking at the chart annually, I wouldnt touch this with a barge pole right now, we have to see a solid floor less volatility and volume rising on rising SP but we see the exact opposite.
Dont catch the falling knife. How low will the cliff face go?
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Last
$19.40 |
Change
0.550(2.92%) |
Mkt cap ! $59.73B |
Open | High | Low | Value | Volume |
$18.50 | $19.50 | $18.45 | $365.1M | 19.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | $19.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.42 | 99 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 19.370 |
1 | 533 | 19.360 |
1 | 1000 | 19.350 |
1 | 25 | 19.340 |
2 | 1120 | 19.330 |
Price($) | Vol. | No. |
---|---|---|
19.420 | 99 | 1 |
19.430 | 1000 | 1 |
19.450 | 4182 | 3 |
19.470 | 10716 | 3 |
19.480 | 50960 | 7 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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