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.
Chart, page-2637
-
- There are more pages in this discussion • 989 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.04M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $49.23K | 4.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1688605 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 32992505 | 35 |
View Market Depth
| Last trade - 15.48pm 02/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |