Seems no one has noticed; today marks a material trend reversal.
We have broken above intra-week resistance levels of $0.17 on stronger intra-month volumes.
Volume depth characteristics have changed significantly in the past 2 days. Buyers coming back into the stock; stripping sells 2 : 1, and sell side value has dropped.
Momentum reversal seems imminent.
Whether this is based off expectations of revenue growth, insider knowledge or sentiment change - today marks a material reversal.
BRN Charting, page-872
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $347.7M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.3¢ | $571.7K | 3.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 1837080 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 235316 | 15 |
View Market Depth
| Last trade - 12.44pm 08/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |