Hi folks,
Chart below shows a recent downward breach of the 200EMA, followed by a denied upward cross. MACD and RSI trending south again, which means the 50EMA could breach the 200EMA signalling the commencement of a bearish trend. From there it could run down towards the last major support line at around $2.00.
Thoughts?
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Last
$4.28 |
Change
-0.120(2.73%) |
Mkt cap ! $482.7M | |||
| Open | High | Low | Value | Volume |
| $4.42 | $4.58 | $4.25 | $437.6K | 99.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2810 | $4.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.30 | 493 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| AEF (ASX) Chart |