BRK 14.4% 51.5¢ brookside energy limited

Chart, page-2768

  1. 29,775 Posts.
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    My take on charts this weekend -

    DAILY - We now have a downside crossover (not pretty). RSI about 48, MOM flat, OBV down, MCD fallen further into negative
    and yellow, CCI fallen now -225 approx., DMI only just green with ADX about 35.

    WEEKLY - RSI about 53, MOM still flat, OBV down and just above 1474.1k, CCI about 130, DMI green with ADX about 50.

    MONTHLY - The chart I least like with RSI about 78, MOM flat OBV fallen from 42.1k to 32.7k and DMI green
    with ADX on 100.

    ADX on 100 - it cannot go higher. I have learned the hard way on that when it took about 4 months for a share I held to
    fall from about 49 cents to about 15.5 cents.

    These days I'm asking how low can it fall, not how high can it go. Decent volume is needed to lift a share and little volume
    for it to fall.

    Initial excitement when BRK was not going under and we saw the first upside crossover seems to have worn off for a while
    i.m.o.

    At best a hold but not a buy at this stage thanks when announcements get sold into and we see lower lows and lower highs
    and a monthly chart such as this. We are all out for bargains. Stay well.
 
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Last
51.5¢
Change
0.065(14.4%)
Mkt cap ! $49.16M
Open High Low Value Volume
44.5¢ 51.5¢ 44.5¢ $124.9K 265.0K

Buyers (Bids)

No. Vol. Price($)
3 28946 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 1608 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
BRK (ASX) Chart
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