Really shouldn't be doing TA on a new stock like this, also I purchased on fundamentals. But....
The price seems pretty comfortable with the 3.53 resistance. However if it breaks out of the resistance shown by the red box I'd expect another run up to ~3.95, all those blue angled lines are the same length.
It could fail to make a new high and might coil below 3.53, then break out above.
If it makes a new lower low, look for resistance at 3.21 and 2.90
https://www.tradingview.com/x/LnV73nJy/
Really shouldn't be doing TA on a new stock like this, also I...
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Last
$1.24 |
Change
-0.020(1.59%) |
Mkt cap ! $188.8M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.21 | $431.3K | 340.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 1250 | 1 |
View Market Depth
| Last trade - 15.33pm 03/10/2024 (20 minute delay) ? |
| TRJ (ASX) Chart |