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...
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $99.62K | 8.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 29665256 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 9840022 | 15 |
View Market Depth
| Last trade - 13.07pm 19/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |