BRU 1.49% 6.8¢ buru energy limited

Looking for close above 23.5c still before the fun starts:...

  1. 27,421 Posts.
    lightbulb Created with Sketch. 4706
    Looking for close above 23.5c still before the fun starts:

    image.jpeg


    Strong Bullish Momentum
    Momentum for BRU is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.

    Above Average Volume
    Today's volume was heavier than usual, trading 990.9K shares, versus an average of 349.6K shares per day during the last twelve months. The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation by traders.

    image.jpeg

    Bollinger Bands Signal Volatility Squeeze
    Volatility, measured using the width of the Bollinger Bands, is extremely low, resulting in a condition called the Bollinger Band Squeeze. Bollinger Band Squeezes tend to precede major price breakouts, although they do not predict which direction the new trend will take. Trend and momentum indicators can be useful during Squeeze conditions to help discern the direction of future trends.




    No Chi-X trades were harmed in the making of this chart
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.