Note how the upper resistance and lower support lines are converging on each other. That converging continues to set a narrower up and down range. Typically, as the range narrows between the two lines, the volatility increases until there is a breakout of the pattern. Historically, a rising wedge pattern is regarded as a bearish pattern because it typically breaks to the downside.
Note how the upper resistance and lower support lines are...
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Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |