Haven't seen a chart TA thread here, so I'm starting one.
Chart patterns I've been eyeing on for a while: ascending/rising wedge with dropping volume. This potentially signifies a reversal in price. See weekly and daily chart below.
No trades opened as of now, but have setups ready in case this goes down.
I know most readers/posters might be investors (meaning long-biased holdings), but I trader so I'm agnostic in terms of being long or short. Just putting it out there in case people think I'm downramping, and I'm only emphasising that I'm an observer of price and charts.
Good luck all.
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Last
$37.00 |
Change
-0.130(0.35%) |
Mkt cap ! $13.98B | |||
| Open | High | Low | Value | Volume |
| $37.04 | $37.13 | $36.28 | $38.79M | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 641 | $37.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.09 | 574 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| CAR (ASX) Chart |