From previous price action as in the price hit the lower resistances but didn't rotate back down, I saw that as a sign of strength. Today, we have a breakout, premature in the observation until the closing day but this looks like a typical BO after the 1st attempt failed a few days ago. If we don't see a lot of wick relative to the body by the close, we could be in for a rally off this BO.
Gold futures are also forming a bull flag looking to break to the upside.
[ATTACH] From previous price action as in the price hit the...
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Last
$1.34 |
Change
-0.030(2.19%) |
Mkt cap ! $3.211B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.34 | $8.675M | 6.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 83628 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 63620 | 4 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |