BGA 0.57% $5.19 bega cheese limited

BGA chart, page-127

  1. 4,867 Posts.
    lightbulb Created with Sketch. 6273
    Hi Sabine........the above was posted on 04/01/19 and is probably an encompassing (technical) interpretation of todays' announcements.

    So, from here the test for BGA is the share price action relative the $4.83c. level.
    Consistent closes ABOVE this level would suggest 'the market' is fully informed and of the opinion the worst is over.
    However, consistent closes BELOW that level would suggest further share price weakness, and a test of $4.50c.

    The 'canary in the coal mine' for a sign of a change in sentiment is $5.13c.

    Just my take.
    Cheers. bga_ax24jan18_to_08apr19.png
 
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Change
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1 288 $5.18
 

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Price($) Vol. No.
$5.21 1179 1
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BGA (ASX) Chart
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