We might see it goes down to the 670-685 level before it bounces.
Keep in mind that in the coming weeks, we will have CPI data coming out (13/Jan), with the BRN's quarterly report coming out potentially on 24-26/Jan.
Then the annual report on 21-24/Feb.
Given the timeframe, if the market crashes upon the NFP&Umemplyment rate, next week on Monday would potentially give us a window opportunity to long BRN.
However, the semiconductor sector looks quite bearish, I wouldn't be surprised to see BRN goes to the 0.500 - 0.515 range.
I do swing trades on BRN, but I don't think it has bottomed in yet.
2022 BRN Discussion, page-10473
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $323.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.0¢ | $1.039M | 6.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 2389988 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 94290 | 7 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |