BSL bluescope steel limited

It's interesting you guys identified the $20.60 level. It is the...

  1. Nez
    614 Posts.
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    It's interesting you guys identified the $20.60 level. It is the 38.2% fib of the all time High-Low for the stock and coincides with the 50% range of the 2021-2022 decline. It's a strong level - as you can see no closes above this level yet - but I'm excited about the flag being formed (pink lines). Yesterday it poked it's head above it hit the 38.2% fib and pulled back, however, it did close higher than any other bar for the current trend yesterday - If it can close out of this pennant pattern this week we could possibly see a nice run in price. Just my musings. GLA.

    https://hotcopper.com.au/data/attachments/5210/5210460-96eeee7e32200c20061b08dc6a4ce784.jpg
 
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Last
$22.65
Change
-0.030(0.13%)
Mkt cap ! $9.934B
Open High Low Value Volume
$22.55 $22.71 $22.30 $24.54M 1.088M

Buyers (Bids)

No. Vol. Price($)
5 5228 $22.57
 

Sellers (Offers)

Price($) Vol. No.
$22.66 95 1
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Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
BSL (ASX) Chart
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