Just returned from a couples days getaway, not sure if that was a request for a chart update,
but here it is for those who are interested.
BRN has just completed another continuation pattern, in this case, a half-mast Pennant
formation. The measured target of 26.5 - 27.5 (depending on which classical measuring
rule one chooses, as there are slight variations, which I will not bore you all with.)
For a short term pattern trade, this would be the area to take some profit.
27.5 coincides with some resistance. A strong close around the current level will be more
than satisfactory IMHO.
From a medium-term perspective, my next meaningful target is 0.35, the highest point in
the Falling Wedge formation (weekly chart).
I do not comment on minor daily fluctuations as I consider them to be mostly noise and
I am not a day-trader.
BRN has been a gift of late from a classical trading perspective with clearly defined entries
that have pretty much just taken-off from their breakout points without much lagging.
GLTA
Chart, page-768
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M |
Open | High | Low | Value | Volume |
19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 364081 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1348618 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 364081 | 0.200 |
44 | 1194171 | 0.195 |
63 | 2165365 | 0.190 |
32 | 1383291 | 0.185 |
49 | 1699888 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1348618 | 18 |
0.210 | 1248206 | 20 |
0.215 | 432560 | 19 |
0.220 | 724111 | 24 |
0.225 | 361409 | 12 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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BRN (ASX) Chart |