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
Capitulation selling on 22 January this year.Sideways basing...
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Last
85.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.073B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 89.0¢ | 84.5¢ | $11.18M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11235 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 19200 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |