BUB bubs australia limited

BUBS On Shelf - General Pics & Write Ups, page-502

  1. 306 Posts.
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    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.
    https://hotcopper.com.au/data/attachments/2209/2209064-3cb7cc234b87e721e51c5e651a486b0d.jpg
 
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(20min delay)
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
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
BUB (ASX) Chart
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