The bit I've circled in blue is always a bad sign for me. Usually called a dead cat bounce as it failed to break above the previous high which in itself was a lower high compared to the previous, be it shallow, one. I liken it to someone drowning as it looks like the SP is coming up for a gasp of air, just above the moving average, and then falling away again.
The bit I've circled in blue is always a bad sign for me....
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Last
$20.00 |
Change
0.090(0.45%) |
Mkt cap ! $2.556B | |||
| Open | High | Low | Value | Volume |
| $19.88 | $20.07 | $19.73 | $11.80M | 591.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5901 | $19.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.00 | 3262 | 5 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NEU (ASX) Chart |