A pretty interesting summary asculpeous, although I'm trying to get that 1 year trend line to match. That volume candle a few days back is of interest.
I prefer weekly close charts because they wash out the positions of the traders on Friday and leave a close price that represents the longer term holders more accurately. The weekly swing log going back to the March '23 bottom has been breached and the market has tried to push above it again this morning, only to come back to resistance - a nice battle underway between retail and their foe.
From a trader's probability pov, I'd prefer to see the market come back a little before taking the next entry. The weekly and monthly MACD and RSI both suggest there's more time to run off the clock before the final bottom into the next leg, but those daily MACD runs do stretch out, so if the daily crossing holds, we could see another healthy surge up.
Love to see your Gann view.
A pretty interesting summary asculpeous, although I'm trying to...
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 (20min delay)
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Last
$4.74 |
Change
0.360(8.22%) |
Mkt cap ! $1.887B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.74 | $4.50 | $10.32M | 2.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 25404 | $4.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.74 | 42242 | 21 |
View Market Depth
| Last trade - 12.46pm 29/04/2024 (20 minute delay) ? |
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Last
$4.73 |
Change
0.360 ( 7.68 %) |
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| Open | High | Low | Volume | ||
| $4.50 | $4.75 | $4.50 | 266181 | ||
| Last updated 13.06pm 29/04/2024 ? | |||||
| BOE (ASX) Chart |