Very interesting price action of late.
The structure is now set up to likely go lower with the wider market. Key will be what it presents us from the mid point of the recent rise to the recent low. I would even throw in some expectation of a test of the lows as well - so if that doesn't happen it will be significant.
As the general market is so weak atm, I would be holding back until confirmation of upside before adding again UNLIKE last time where adds were around the start of wave5/3 down.
Post this I'm expecting a multi wk bounce.
MK.
Chart, page-18738
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.5¢ | $796.1K | 3.947M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1478980 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 205644 | 4 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |