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
62.0¢ |
Change
0.025(4.20%) |
Mkt cap ! $1.503B | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 63.0¢ | 56.5¢ | $9.783M | 16.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 320516 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 4646 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |