I don't know much about their business, but been trading since 0.865 until now. The shakeout on Friday was unexpected, but there are a certain points that indicate brn is bullish.
1. If a retest level is tested again with high volume and price halts there, it's accumulation climax.
2. 61.8 Fib level.
3. If a trendline is broken and price respects it again, (tripwire) the breakout is even stronger.
3. ultrahigh volume hammer followed by high volume session
2022 BRN Discussion, page-9039
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $372.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $935.0K | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 178405 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 562404 | 11 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |