Fundamental analysis focuses on interpreting a company's financial accounts.
Technical analysis focuses on identifying a company's share price historical, repeating price patterns/trends.
Below is a linear regression chart from the 3.1c low on 19/03/20 to the 97c. high on 03/09/20.......with an identifiable repeating price pattern.
Key HORIZONTAL resistance is @ $1.09c. ....and key TREND line resistance (today) is @ $1.14c. ..........keeping in mind the CLOSING PRICE is the one that matters.
Consistent closing prices above $1.09c. would be an indication to expect further upside........and closing prices above the lower sd trend line would confirm the BRN share price has returned to the primary up trend.
So, at what price to re enter??.........on confirmation of the break or a (probable) retrace.
Cheers.
Chart, page-14388
-
- There are more pages in this discussion • 6,519 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $343.4M |
Open | High | Low | Value | Volume |
16.5¢ | 18.5¢ | 16.5¢ | $1.865M | 10.58M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 1001708 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 167790 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 773061 | 0.170 |
26 | 568227 | 0.165 |
27 | 1452882 | 0.160 |
47 | 1519084 | 0.155 |
117 | 3652569 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 158299 | 2 |
0.180 | 698170 | 7 |
0.185 | 1095940 | 16 |
0.190 | 757076 | 18 |
0.195 | 744472 | 12 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online