It will need to break convincingly and hold over $3.10 to signal a change from weekly downtrend.
BUT - based on current trend - it most likely will bounce off the top of channel (3.05 to 3.10)into down trend again - with a lower low.
Me? I'd be selling at 3.00 to 3.08 until confirmation either way is confirmed..
But that's me.
getting near top of it's weekly chart channel
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Last
$2.88 |
Change
0.000(0.00%) |
Mkt cap ! $5.593B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.90 | $2.86 | $7.692M | 2.671M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 103718 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 89941 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IPL (ASX) Chart |