As we seem to be following the Dow I would like to post this chart. It is too early to call the bottom, but I think we are close. Keep in mind I don't know for sure what the future holds.
The selling appears to be slowing and the MACD is turning up. Also looks oversold past the 11800 mark.
Perhaps a "chartist" could give me their take on the below.
Another couple of positive trading days to put the Dow back into 11600 territory would be welcome relief.
friday, page-9
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Last
81.0¢ |
Change
0.010(1.25%) |
Mkt cap ! $161.8M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 84.0¢ | 80.0¢ | $25.65K | 31.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 161 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 29996 | 1 |
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| Last trade - 14.55pm 15/10/2024 (20 minute delay) ? |
| RHK (ASX) Chart |