Hi Folks
I haven't posted a chart on this thread for quite a while. I have been watching.
Overall the weekly chart currently looks good.
* Rising 10WMA (green) crossing above the 40WMA (red). Bullish
* Positive MACD for a number of weeks. Bullish
* Bullish signal back in January with weekly candles trading entirely. Bullish
* B-wave bounce from the Downward A-wave 1.35 to 53.5 reached up to the 38% Purple FIB so far. Bullish
Things to watch for.
* B-wave from 53.5 to 85 had a retrace back down to 70, which is ok, A push significantly over 85 could be construed as continuing the bullish trend.
* Another pullback to below that red FIB to the 50- 78% area is bearish. For me a 61% FIB retrace or greater is a DCB signal, That would put the whole B-wave bounce into question.
* Other bearish signals is the 10WMA flattening and then falling. MACD turning negative.
My reading is that we could be at a bit of a turning point if that 38% purple FIB continues to provide resistance.
Lets see what plays out. Just my opinion so DYOR.
cheers Lies
Hi FolksI haven't posted a chart on this thread for quite a...
Add EBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.5¢ |
Change
0.020(2.19%) |
Mkt cap ! $288.0M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 94.0¢ | 90.5¢ | $70.39K | 75.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5199 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 2900 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
94.0¢ |
Change
0.020 ( 4.07 %) |
||||
| Open | High | Low | Volume | ||
| 92.0¢ | 94.0¢ | 90.0¢ | 23894 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| EBR (ASX) Chart |