I dont know where the SP will go from here but probabilities usually go with the longer term trend.
In the past when we have seen reasonably quick moves into high overbought territory the SP has worked it off by a quick and sizeable move down. This time has been a little different in that overbought has so far been worked off in a range which is often a bullish sign.
There is still a lot of interest in this stock.
FOMO is the most powerfull stock indicator going around and there has been a fair bit of that lately. Although is it waning now??
Chart, page-271
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $361.9M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $839.4K | 4.314M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 2278913 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 321205 | 7 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |