-130c open
WOOAAH !
then rebound intraday to a lower green candle with small tail and small neck
stage 3 rounding top has hit a ledge alright around this 53-56 area and zigzagging around it
this ledge has to hold till 1 August so the DCB can run back to ~60 and then crack lower toward ~50-56 again by Sept/Oct the usual annual lows. Thats the predicted trend imho.
BULL TRAP SHORTS have made a fortune of $25 from $79 in May to here mid $50s
But this daily zigzagging is not what they want.
Defined trends are what they want up or down.
positive signals and this flooring pattern are reversal signals but these sharply lower opens and very worrying and the stage 3 area is still holding
Long way to go till annual lows so no rush for anyone here imho.
May be close to BUYZONE confirmation but i would wait for more proof till SHORTS are done or
Wait for the BULL SEASON imho.
MIN chart, page-139
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Last
$55.49 |
Change
-0.830(1.47%) |
Mkt cap ! $10.90B | |||
| Open | High | Low | Value | Volume |
| $55.02 | $55.82 | $54.89 | $48.80M | 880.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4127 | $55.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $55.51 | 1652 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| MIN (ASX) Chart |