Hi Ashahriar,
I have various versions that have the lines converging between 21 and 32 trading days from last Friday but I do not think going to that point is valid for a stock like CLS as it has regular intra-day price ranges between 40c - 70c. So you are correct that Weds may not be the defining moment but I do not believe that it can go to far beyond that date before the bands become to tight to support staying within an acceptable range.
So reporting day for me I still see as the defining moment as I expect to see enough swing in sentiment occur that day which will push CSL outside the current range given we only need a 2% change in price to break either direction from the center point of the wedge. Good thing is we only have a few days to wait and see if it occurs :)
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Hi Ashahriar,I have various versions that have the lines...
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Last
$300.58 |
Change
-1.210(0.40%) |
Mkt cap ! $145.5B |
Open | High | Low | Value | Volume |
$300.74 | $300.99 | $298.81 | $240.1M | 820.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $300.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$300.59 | 836 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15 | 299.920 |
1 | 50 | 299.050 |
1 | 200 | 298.500 |
1 | 250 | 298.070 |
1 | 150 | 298.020 |
Price($) | Vol. | No. |
---|---|---|
300.630 | 204 | 1 |
301.000 | 263 | 4 |
301.200 | 50 | 1 |
301.280 | 50 | 1 |
301.440 | 180 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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CSL (ASX) Chart |