BRL is a tricky one to give a firm analysis on because of its somewhat erratic behavior.
My TA system gave me buy signals for Oct on the 6th, 20th and 27th (which is why I am looking at this thread).
The 27th shows a breakout > 6.0 with potential of 10 - 10.5 cents in the short term (channel breakout).
It has been performing extremely well since August but the problem that I see is that it is overbought (RSI) and is looking at a possible correction.
My idea would be to wait and see if it can find support at 6.0.
Rising Volume; Rising price, page-2
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Last
81.5¢ |
Change
0.020(2.52%) |
Mkt cap ! $155.9M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.5¢ | 80.0¢ | $126.8K | 157.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1745 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 24152 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| BRL (ASX) Chart |