BRK 7.69% 1.2¢ brookside energy limited

Chart, page-2637

  1. 349 Posts.
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    Agreed - I’d be seriously questioning anyones intentions right now if they’re trying to pass the current TA off as negative.

    I’ll come clean upfront and state that I am generally more of a fundamentals investor, which clearly BRK has in stupid volumes at the moment - with several impending price-sensitive news catalysts. However, I do continually review the technicals to support (or challenge) my decision making.

    Whilst the shorter timeframes aren’t giving me a great deal either way at this point in time, the Daily and Weekly charts are looking perfectly primed for a fundamentals-based price re-rate; assuming of course those catalysts are positive (eg. IP24 values, Rangers site works).

    All of the common indicators that I monitor are looking great; trading above EMA’s, BB tightening and trading to upper end, MA cross on the Daily on Friday, RSI still having plenty of room to move, AO & MACD turning up and upside aplenty.

    Always open to further learning opportunities. So, can any TA specialists here tell us all how this chart is looking crap? Genuinely intrigued.

    https://hotcopper.com.au/data/attachments/3546/3546350-ca03af9d6ae45fbbe0adc41ee7067d06.jpg
 
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Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $57.27M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $40.15K 3.342M

Buyers (Bids)

No. Vol. Price($)
49 44283655 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 19551168 26
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
BRK (ASX) Chart
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