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.
Agreed - I’d be seriously questioning anyones intentions right...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $56.22K | 5.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 27667600 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 242304 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BRK (ASX) Chart |