In addition to Sketchingdan's daily chart, here the updated w1 chart (every candle represents 1 week), which shows there are 5 resistance points in the vicinity (in this order):
1) the 38.2 fib (which held on 2 previous occasions)
2) the $17.00 mark (representing a previous high late 2008)
3) bottom trendline of a downward channel
4) bottom trendline of a longterm upward channel
5) the 200 exponential moving average (purple line)
Take your pick.
I know I have been bullish on JBH since mid-March with no real breakthrough to show for it, but with this much support right underneath the current price I can't help expect a reversal in the very near future. What does sometines happen with stocks that have been sold off for a while, is that the lowest support (within a cluster of support points) is the one that holds.
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Cheers
Hans
w1 chart update, page-16
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Add JBH (ASX) to my watchlist
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Last
$68.16 |
Change
-2.140(3.04%) |
Mkt cap ! $7.452B |
Open | High | Low | Value | Volume |
$67.63 | $68.62 | $66.77 | $40.57M | 598.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9398 | $68.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$68.16 | 1059 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12 | 67.690 |
1 | 500 | 67.680 |
1 | 1000 | 67.250 |
1 | 14 | 67.180 |
1 | 500 | 67.110 |
Price($) | Vol. | No. |
---|---|---|
68.760 | 246 | 1 |
68.990 | 300 | 1 |
69.200 | 4 | 1 |
69.440 | 73 | 1 |
69.980 | 67 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
JBH (ASX) Chart |