As a short term trader BUB's chart patterns caught my eye and while I tend to shy away from anything whose price is dependent on Chinese sales, I'll be a buyer tomorrow.
Price has been trading in an upward sloping channel for 3+ years. Since the early May high price has been trading in a range between two adjacent natural levels of support/resistance. I'd expect price to shortly break higher out of that range and if it does that I've got a short term target of $1.37
For anyone who follows Wyckoff patterns I think there is one here (the black bounded rectangle). That pattern would suggest that BUB's should see generally higher highs and higher lows going forward - ie price should continue moving higher. Wyckoff patterns have a target calculation using Point & Figure charts and while more data is needed to properly determine where the pattern says a top might be, it suggests $1.90 or thereabouts. For what it is worth, 21 June or a few days either side could be a time when price makes a material move (a change of trend) one way or the other. Price could stay range bound until then (possibly falling back to $1) and then move up to the $1.37 target, or price might reach that target around that date. Time lines are interesting guides to price movement if both subjective and a bit rubbery.
BUB
bubs australia limited
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17.0¢

BUBS On Shelf - General Pics & Write Ups, page-502
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $151.8M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $91.61K | 522.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 1899644 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 57813 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 1862880 | 0.170 |
20 | 2576574 | 0.165 |
13 | 236406 | 0.160 |
4 | 221158 | 0.155 |
8 | 297399 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 17587 | 2 |
0.180 | 1347514 | 25 |
0.185 | 815683 | 9 |
0.190 | 769027 | 15 |
0.195 | 1046960 | 14 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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