As request Veecat.
Positives - Broke through channel resistance (diagonal yellow trend line) and has tested/is testing it today.
Negatives - Bearish divergence with MACD histogram and appears to have created a double top, as well as a reversal candle forming today. It really needs to close above 11.45 to negate this.
Personally view (not advice) - it's neither a buy or sell, but a hold. A stop can be placed wither below the downward or upward sloping support lines. A break of the current double top at 11.60 would be bullish. Basically - currently in no man's land - but watch closely.
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Last
$8.49 |
Change
0.000(0.00%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.67 | $8.48 | $3.088M | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1950 | $8.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.59 | 5048 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |