Despite the near term weakness BBOZ stock is showing, it appears to be in a long term uptrend confirmed by multiple indicators. Specifically, a 5-day moving average of the stock price is above the 50-day moving average and the 200-day moving average is trending higher. The near-term weakness is characterized by the 5-day moving average's fall beneath the 20-day moving average. This may provide a suitable entry point for long-term investors looking for a stock that is trending higher - from commsec.
Aus is weaker than us stock market.
Just my two cents.
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Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a |
Open | High | Low |
2,958.8 | 0.00 | 0.00 |