Just to follow up on my previous comment:
Close just above the support at 14.39, which is very positive for the weekly candle. Any close below that could have meant a further correction coming. The daily RSI is at a ridiculous 34 and the stochastic RSI is at the bottom and about to get flip.
Today could have been the bottom; depending on what the US does tonight, Monday can be a green day. If not, I would say we are very close from the bottom.
And a side note, the last time the weekly and stochastic RSIs sat where they are right now was during August last year. From then to the peak, the SP went up almost 52% non-stop. It doesn't mean that it is going to happen again, but signs are looking pretty positive.
Just to follow up on my previous comment:Close just above the...
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Last
$15.60 |
Change
0.560(3.72%) |
Mkt cap ! $17.92B | |||
| Open | High | Low | Value | Volume |
| $15.58 | $15.80 | $15.54 | $118.8M | 7.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11652 | $15.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.60 | 3374 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |