Hi all,
A few opinions on this stock based on chart,
1. Started a downtrend since Jan 22 and lasted till Nov 15. From a high of $3 to a low of $1.60 level.
2. Finally it broke up on Nov 15 last month and had been trending up nicely as depicted on the Green Uptrend Zone.
3. The immediate price support may be at $2.00 while the critical support maybe @ the $1.90 region.
4. The immediate price resistance may be @ 2.09 whilst the critical resistance should be at $2.20 region.
5. To me, as long as we managed to stay in the yellow zone - we may be poised for a further uptrend soon. Hopefully the short term 1 month plus uptrend(green zone) hold valid.
6. Technically, the upside for this stock is higher($2 - $3) than the downside($2 - $1.60).
7. Looking like currently we are in the accumulation phrase waiting for the continuation of the uptrend.
I am not an expert in charting, comments and inputs are always welcome.
Cheers
[IMG] Hi all, A few opinions on this stock based on chart, 1....
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Last
53.5¢ |
Change
-0.005(0.93%) |
Mkt cap ! $1.772B | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 53.5¢ | $1.153K | 2.154K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 127966 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 35886 | 8 |
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| Last trade - 10.19am 19/06/2025 (20 minute delay) ? |
| AIZ (ASX) Chart |