My first post on BRE thread.
Two reasons, firstly I bought this week at average 285. Have been watching for a long time and thinking why its going up, but never pulled the trigger. Secondly, I do a weekly report across 30 REE stocks, for close to 2 years. I included BRE in the list last week. I usually try to do a post soon.
Fundamentally, I am not a very strong player. For me trading patterns and price action is paramount. I find it very difficult to quantify market caps based on fundamentals. I have seen some big stocks like LTR gain 2 billion in a day or lose 2 billion in a day. Fundamentals didn't change in one day. I do weekly reports and I do numbers. It helped me pick up WA1 at $8 as it was doing yearly highs week after week, right in my face. I respected that. BRE is reaching that stage. My main reason is that. It already has a very big win in last several months, I am hoping it still has got some legs.
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For those interested how the stock is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 30 ASX REE stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
Here is the report for this week.
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https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-73667594
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Market cap way off, page-29
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Last
$2.92 |
Change
0.040(1.39%) |
Mkt cap ! $275.0M |
Open | High | Low | Value | Volume |
$2.84 | $3.01 | $2.84 | $159.0K | 54.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2166 | $2.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.00 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 2.650 |
2 | 1500 | 2.600 |
1 | 450 | 2.560 |
1 | 985 | 2.550 |
1 | 1250 | 2.530 |
Price($) | Vol. | No. |
---|---|---|
3.000 | 10000 | 1 |
3.020 | 310 | 1 |
3.030 | 2300 | 1 |
3.040 | 500 | 1 |
3.050 | 21100 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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BRE (ASX) Chart |
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