Hi TAA, the weekly shows a fair bit of resistance between $1.80 and $1.86. Has been trading in a range for 6 - 8 weeks now and it could take a fair while longer to break out of this range and resistance. The theory is that once resistance has been cleared we should head up looking to close the gap between $2.44 and $2.59.
Once resistance has been cleared there is no recent resistance to the gap. Everything has to fall into place for this to happen. eg, improved results/outlook, dividend etc.
The hardest part will be clearing this current range which is around the resistance I mentioned earlier.
Cheers,M
Hi TAA, the weekly shows a fair bit of resistance between $1.80...
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Last
$3.53 |
Change
-0.030(0.84%) |
Mkt cap ! $3.874B | |||
| Open | High | Low | Value | Volume |
| $3.55 | $3.58 | $3.53 | $11.30M | 3.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 31688 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.54 | 3369 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MTS (ASX) Chart |