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
$1.04 |
Change
-0.045(4.15%) |
Mkt cap ! $2.521B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.08 | $1.04 | $10.81M | 10.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 339507 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 120794 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.045 ( 4.12 %) |
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| Open | High | Low | Volume | ||
| $1.06 | $1.08 | $1.04 | 2904342 | ||
| Last updated 16.00pm 14/06/2024 ? | |||||
| LTR (ASX) Chart |