Technicals looking good here, may take a position under 2c.
Price action turning positive:
* Holding 200 day sma would suggest begining of new uptrend.
* 50 day sma just crossed 200 day sma, first time since Nov 2020.
* RSI momentum indicator - Moved up to 70% and so far holding 50% on the reaction.
* Breaking and holding above the current downward sloaping channel would be a strong confirmation of the uptrend.
Big risk is a further decline in oil prices back down under $60 usd. If price holds above $70, I think may see NPV of 5c for BRK in next 6 months.
Technicals looking good here, may take a position under 2c.Price...
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $75.50K | 7.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 29130966 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 550515 | 1 |
View Market Depth
| Last trade - 15.50pm 09/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |