"It needs to crack 16.82 for shorts to seriously start covering. Then 16.92. I think there will be plenty of short stops at 16.83."
have you just drawn a line along the top the 5 day graph?
that is about $16.83
I would say that line is the resistance level
so anything above that will be break out
$16.74 at the moment
huntey's recommendation from etrade, page-9
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Last
$15.97 |
Change
-0.090(0.56%) |
Mkt cap ! $24.02B | |||
| Open | High | Low | Value | Volume |
| $16.03 | $16.10 | $15.95 | $12.94M | 807.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3024 | $15.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.97 | 3640 | 8 |
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| Last trade - 10.54am 04/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |