Support and Resistance lines/zones are important TA indicators but if they were 100% accurate we would all be billionaires. They may or may not play out.
The bullish set up is still in place and it may well be that we see an extended narrow-ish range develop from here fueled by buyers expecting news in the next 2 or 3 months and wanting to get in early.
Some may even be expecting news prior to the AGM.
News is inevitable but the timing is what the market is betting on ATM. Nothing else really matters, its just the timing.
AI at the Edge is becoming the flavour of 2023.
Here's who's buying your BRN. RIP if you sold., page-34
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Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $463.5M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $635.7K | 2.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 719235 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 673103 | 22 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |