I cannot find a technical analysis thread so i am starting one.
VUL took a hammering today (for the first time in ages).
Its normal for a stock to test support levels and its normal for some folks to take their nice profit.
What I now look for is fresh DEMAND coming in that might indicate a continuation.
As can be seen on the RHS the selling volume is low BUT there is no fresh DEMAND yet.
Going back a few days from the extreme low volume sell off today, I can see fairly high volumes on those DEMAND days.
CONCLUSION: Not too many selling at the moment but then again no Fresh Demand coming in.
Prediction: At test of the big red candle at $4.75 might happen?
Either way from a Fundamental perspective I aint selling for the time being but cannot afford to over-expsoe myself to more buying. Hmm perhaps others have the same situation?
TA ONLY
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.83 |
Change
0.030(0.79%) |
Mkt cap ! $720.7M | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.85 | $3.73 | $1.575M | 413.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2374 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 7003 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| VUL (ASX) Chart |