* Initial peak at the end of 2021
* Sharp retrace (automatic reaction) followed by quick rally into the secondary test
* Sharp fall again on most bearish volume in that period
* Long phase B of about 12 months
* Down moves so much quicker than the up moves
* Distribution occurring through this period
* Ultimate high in April 2022 forming an upthrust after distribution
* Very weak retest to complete Phase C
* Rapid decline in price from $57 to $37 approx in Phase D sell off
* One last rally to $47 approx
* Back up to the creek and upthrust to complete Phase D
* We should now start the Phase E mark down
* P&F target is $10.00 - $21.00
This is my technical analysis of the stock using Wyckoff principles. DYOR before making any trades. This is not financial advice.
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Last
$79.34 |
Change
-1.420(1.76%) |
Mkt cap ! $8.690B |
Open | High | Low | Value | Volume |
$80.25 | $80.44 | $79.32 | $6.548M | 82.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44 | $79.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$79.35 | 50 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 116 | 79.440 |
4 | 60 | 79.430 |
6 | 93 | 79.420 |
9 | 171 | 79.410 |
9 | 178 | 79.400 |
Price($) | Vol. | No. |
---|---|---|
79.460 | 63 | 7 |
79.470 | 45 | 3 |
79.480 | 24 | 2 |
79.490 | 44 | 3 |
79.500 | 165 | 5 |
Last trade - 11.36am 18/09/2024 (20 minute delay) ? |
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JBH (ASX) Chart |