supports for today are 0.312 then 0.298 0.263 then 0.228 based on close of 0.325 c
We are forming a C-wave down TARGET probably the 0.25/0.24c area ( which is also the 61.8% retracement from the low of 0.01c to the hgih at 0.625c)
We are in a correction phase of the overall market and in AZK - when once over should make new highs,
we have a gap down from yesterdays close ( 0.325) to todays open 0.31c ) which will be closed in time
the overall market is falling ( downtrend) thus swimming against the overall trend is hard and dangerous - the SELL in May and go away is coming true once again!
stops were at 0.30c based on a buy at 0.24c or a lower low,....
12 dma is at 0.30c also so unless prices get back above 0.30c it is best to step aside until higher lows occur and then higher highs
GOOD LUCK
Today's chart, page-26
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $380.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.3¢ | $1.148M | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 165683 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |