Took note of your post in CVN and got curious to see what you mean with ARB.
I don't see this as an ascending wedge. What you've drawn is ARB following a consistent channel trend, previously down from Jun to Dec 18, and now upward in a channel again since Dec 18. Good for swing traders, but I'm no expert in that.
In terms of classical patterns, i don't see anything that stands out, so no trades for me. Resistance @ 19.70-20.00 range is also very notable.
On a larger monthly time scale, if this hits the neckline at 14.65, then you have a top reversal head and shoulders playing out. Only speculation until the price hits that range.
Daily:
Monthly:
Took note of your post in CVN and got curious to see what you...
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 (20min delay)
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Last
$40.15 |
Change
0.580(1.47%) |
Mkt cap ! $3.305B | |||
| Open | High | Low | Value | Volume |
| $40.08 | $40.45 | $39.91 | $3.148M | 78.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 751 | $40.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.28 | 247 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ARB (ASX) Chart |