HZN 0.00% 17.0¢ horizon oil limited

Break out underway ?

  1. 20,352 Posts.
    lightbulb Created with Sketch. 1987
    Break outs categorised by two things
    1. big increase in volume - tick
    2. Break out from previous resistance / little tick

    if it can move and close above 14 we are in break out territory with upside until next resistance which is in 20s

    interestingly flattening ( reducing ) backwardation of futures curve may prompt some analysis to increase their oil price assumptions which sit at 85-95 for most analysts. Add the higher assumed AUD on most analysts projections , and Brent projections are about 25-30 aud lower per barrel than reality, which is a big difference for HZN given medium term production profile
 
watchlist Created with Sketch. Add HZN (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $275.1M
Open High Low Value Volume
17.0¢ 17.0¢ 16.8¢ $149.6K 880.9K

Buyers (Bids)

No. Vol. Price($)
32 2040441 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 256909 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
17.0¢
  Change
0.000 ( 0.12 %)
Open High Low Volume
17.0¢ 17.0¢ 16.8¢ 317523
Last updated 15.51pm 14/06/2024 ?
HZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.