Of course the long term chart looks bullish. This is only natural when the stock has been making new highs for the last few years or so. However since the stock has been trading in overbought territory for long. It is only natural to see a sharp snap back. Based on my current daily to weekly charts. I am looking at $35. $20. Then Finally $12. My downside target is calculated purely on my charts. However based on fundamentals only I would not pay any more than $8.
Re: Bullish Chart, page-2
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Last
$30.05 |
Change
0.460(1.55%) |
Mkt cap ! $2.732B | |||
| Open | High | Low | Value | Volume |
| $29.38 | $30.06 | $29.24 | $11.28M | 378.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 195 | $29.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.05 | 2997 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| DMP (ASX) Chart |