Absolute classic textbook example of a bullish pennant continuation, look at how beautifully the volume dropped off and then today BAM it broke out on good volume. This is why for the last 2 days I was banging on about AZK coiling etc. The chart is a thing of beauty. The green line gives a target of 34c which should be hit tomorrow, or Monday. More likely to be Monday after a weekend of news spreading.
Absolute classic textbook example of a bullish pennant...
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Last
23.0¢ |
Change
-0.025(9.80%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 22.0¢ | $3.918M | 16.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 658476 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 112520 | 8 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |