Seems abit quiet here in the TA thread.
Chart's looking bullish on a few observations and initiated a long position on 1st May:
1) Complex inverse head and shoulder formed during period of Oct 18 gap down to late Apr 19
2) Breakout of neckline on May 1st @ 1.80
3) Retested neckline @1.80 in the following next week upon breakout
4) High of gap-down broken @1.935 - Price will likely attempt to close the gap created last year
5) Price already above 200 MA, with 50MA and 100MA already trending upwards
Target - $2.20-2.23 area (height of inverse head to neckline), which also coincides with neckline of previous top head and shoulders formed in 2018.
Critiques welcomed. Good luck shorts/longs!
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Last
$1.40 |
Change
0.010(0.72%) |
Mkt cap ! $2.212B |
Open | High | Low | Value | Volume |
$1.40 | $1.41 | $1.39 | $2.113M | 1.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2194 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 152811 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 9407 | 1.395 |
35 | 149666 | 1.390 |
17 | 134325 | 1.385 |
16 | 223247 | 1.380 |
12 | 72247 | 1.375 |
Price($) | Vol. | No. |
---|---|---|
1.400 | 131794 | 36 |
1.405 | 150539 | 18 |
1.410 | 158610 | 15 |
1.415 | 52295 | 9 |
1.420 | 378695 | 9 |
Last trade - 13.47pm 15/07/2024 (20 minute delay) ? |
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NEC (ASX) Chart |