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Found some solid support at 5.2. 4 daily green candles in a row....

  1. WelshBuffett
    2,005 Posts.
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    08/05/24
    10:14
    Post #: 73719611
    Found some solid support at 5.2.

    4 daily green candles in a row. Now on course for a green weekly candle, which would be the first in a month and a half. At some point, the SP will stabilise and trade sideways, until the next news flow. Possibly at these levels, however, it was oversold, so it might bounce a bit higher.

    S low volume compared to the preliminary results and quarterly capitulation, but slowly building last two days.

    https://hotcopper.com.au/data/attachments/6155/6155111-b4e6b38cad22f23d60e90c0f0fac3841.jpg
    BIT Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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