Hi Chippers
Just a quick follow up on my earlier charting post. This time I have gone back to the 4 hourly chart.
Purpose to warn about a quick bounce which could be in fact a Dead Cat Bounce (DCB). Very rarely does a bounce just result in a V shape bounce. DCB are more common. So cautioning about buying into the first bounce.
The chart explains what I am talking about.
Just my opinion. DYOR.
cheers Lies
Chart, page-16171
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 364081 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1348618 | 18 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |