Capitulation selling on 22 January this year.
Sideways basing pattern formed resulting in a double bottom.
Friday broke above the short-term horizontal resistance.
Keltner Channel is heading to the upside.
Further upside is likely. This looks like, at least, a countertrend rally. Watch for further progress. This could be the bottom of a long term down trend.
Good luck.
RB
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Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 85.0¢ | 82.0¢ | $10.00M | 11.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 108577 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 53840 | 6 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |