SRL 2.38% 41.0¢ sunrise energy metals limited

[ATTACH] I don't use trendline besides to join swing points into...

  1. 42,136 Posts.
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    clq.png I don't use trendline besides to join swing points into a pictorial representation of trend. Fits almost perfectly on the current state before that DFS slam dunk through it on a massive volume. Also of note on the way up, fake out through the horizontal level (blue and green highlights) the trigger reversal. This is the reason why I think 60C could come into play as it was a sensitive levels previously.

    Unfortunately trendline break is one obvious definition of a break in the trend. I was looking at the 67C level earlier but those lower peaks/troughs meant that I would be fighting the current especially after such an aggressive sell off from the DFS. It would appear these studies seems to be the death knell of the trend because the same thing happened to ARL & COB. AVZ is getting their study of some kind and it will be interesting to observe what happens. Yet another collapsed stock trend now infecting the Li stocks too!
 
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Last
41.0¢
Change
-0.010(2.38%)
Mkt cap ! $36.99M
Open High Low Value Volume
42.0¢ 44.5¢ 40.0¢ $6.307K 15.04K

Buyers (Bids)

No. Vol. Price($)
2 14279 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 526 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
SRL (ASX) Chart
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