The third Friday of the month is the expiry date of options, Puts for going short, Calls being long.
So Fri 18th would have been a good day to sell Puts. The Short mob will now look for the next local high,
who knows where that price point might be, or when.
You can be sure the short mobs will be looking at their fibbo retracement levels.
Right now we are having a bear market (corrective) bounce IMO
However down ramping shorters will not go away on any permanent basis, particularly while the Nasdaq
and general market is bearish - fertile grounds for profit. They will continue to run the rhetoric of fear
on an un-relenting basis - you can be sure of this.
If you believe in the BRN story it is simply a matter of holding tight, there is news coming, no doubt.
From my technical perspectives the S&P500 will bounce 1st Qtr next year, until then hold tight or hope for Akida2000....
or a contract would be nice.
- Forums
- ASX - By Stock
- BRN
- Competitive landscape
Competitive landscape, page-2804
-
- There are more pages in this discussion • 1,024 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $446.4M |
Open | High | Low | Value | Volume |
22.5¢ | 23.5¢ | 22.0¢ | $1.858M | 8.215M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 39068 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 278857 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 59929 | 0.230 |
11 | 581563 | 0.225 |
18 | 597388 | 0.220 |
13 | 599315 | 0.215 |
21 | 675984 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 178295 | 15 |
0.240 | 1047619 | 12 |
0.245 | 407819 | 17 |
0.250 | 569948 | 31 |
0.255 | 285338 | 11 |
Last trade - 11.43am 02/10/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online