The Moose's usual modus operandi for exiting uptrending stocks is:
Firstly, the share price coming back inside the bollinger bands;
Second, a drop off in volume after a spike near a peak;
Third, and lastly, the MACD crossing bearishly.
The MACD on BRL has already fired 3 false signals this year, so I am not listening to it during this occurence. Instead, I will be obeying the first 2 rules and replacing the third with a breach of the EMA30, which has shown to be a good "bounce pad" in the recent past.
DISC - I am not a long-term holder of BRL. This is not advice and everyone has their own strategies and methods. As always, DYOR!
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The Moose's usual modus operandi for exiting uptrending stocks...
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Last
79.5¢ |
Change
-0.020(2.45%) |
Mkt cap ! $152.1M |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 79.5¢ | $5.788K | 7.278K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4656 | 79.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 4 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4656 | 0.795 |
1 | 20 | 0.790 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 4 | 1 |
0.820 | 24261 | 2 |
0.825 | 19408 | 1 |
0.835 | 14031 | 1 |
0.845 | 6538 | 1 |
Last trade - 15.29pm 25/07/2024 (20 minute delay) ? |
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BRL (ASX) Chart |