Back in late April 2015, BRN hit its all time high of 58c. the price action preceding that was expanding ranges increased aggression and volume. IMO what we are seeing is the beginnings of a similar parabolic move where the steepest price action occurs in the shortest time frame.
My parabolic modelling suggests it could actually get to those levels within a week. Note the daily range today is only 6c, back then we had a 14c daily range the day before and a 22c range the day of the peak .... So I would expect some decent range expansion from here
DYOR
Chart, page-1205
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Last
26.0¢ |
Change
-0.020(7.14%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 25.3¢ | $9.484M | 34.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 736368 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 481166 | 3 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |