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
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $491.8M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $1.133M | 4.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 840233 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 359495 | 4 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
Change
-0.010 ( 2.73 %) |
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| Open | High | Low | Volume | ||
| 28.0¢ | 28.5¢ | 26.5¢ | 2892314 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
| BRN (ASX) Chart |