SHL 0.46% $26.37 sonic healthcare limited

SHL chart, page-4

  1. 590 Posts.
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    Daily chart:
    Enormous spewing volume bars are great to see on this daily chart. A nice big flush like this is generally necessary before the next move up can occur in my opinion. Negatives in my view are the price remaining below the EMA21, SMA50 and SMA200 at this time.
    https://hotcopper.com.au/data/attachments/6229/6229409-f0afb359644b3342c9ce33141b97020e.jpg

    Weekly chart
    Weekly chart is telling the same story as the daily chart. Very tempted to try and find a reversal here personally. Moving averages are the same as the above chart. This stock will need a series of positive news catalysts to make a strong come back and work back through those moving averages.
    https://hotcopper.com.au/data/attachments/6229/6229418-2dc091d26ec73e6234710004ae34f3ec.jpg
    Prevailing sentiment for myself is 'the trend is your friend', and in this instance, the trend is very negative. Always curious to see others opinions on set up's.
 
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Last
$26.37
Change
0.120(0.46%)
Mkt cap ! $12.66B
Open High Low Value Volume
$26.00 $26.38 $25.96 $31.28M 1.193M

Buyers (Bids)

No. Vol. Price($)
1 2895 $26.37
 

Sellers (Offers)

Price($) Vol. No.
$26.38 3597 2
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
SHL (ASX) Chart
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