Update on the 5 min and daily charts... Price broke down from the pennant yesterday as expected and it looks to be forming an ascending broadening wedge before the next leg down if it breaks the $1.68 support level. If it breaks up past $1.80 then we may see some further upside before coming back down I think. Still aiming for an entry price of $1.20 - $1.50 within the next week or maybe 2.
The daily RSI is nearly out of overbought territory but I personally won't be considering an entry until it's back around 50 or less.
Be cautious if buying now. Big dogs are playing games to sell their shares at a higher price before they re-buy lower and the NASDAQ is looking a bit sketchy currently hovering around key support levels.
Chart, page-16120
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $343.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 16.5¢ | $1.865M | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1001708 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 167790 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |