Nice analysis Peter, looks like the chart is painting a similar picture for most and there's still some indecision as to the next direction. Will be interesting to see if it breaks that 50 RSI support or bounces back off it, it's also been a key level for me. Quite a long time to not trade under the 50 RSI for 3 months. If using the RSI as an indicator since October it could also fair well to apply the fib retracement from October.
That descending triangle indicates downward pressure of $1.33 so will be surprised if it holds if it is tested again.
Nice analysis Peter, looks like the chart is painting a similar...
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.5¢ | $939.4K | 4.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 201415 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 667700 | 20 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
21.3¢ |
Change
0.000 ( 1.05 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 21.0¢ | 2673397 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BRN (ASX) Chart |