Fridays price action saw a pullback in BTR, the interesting thing to note is that the pullback was both on smaller volume (3.5m vol) and narrower range (18c low to high) when compared to the big up day on Thursday (6.8m vol) and (58c range low to high). Friday was also the first down day since the previous Friday.
A key area for me is $1.57 which was the previous resistance, this could act as support, we will wait and see.
My bet would be that once this re trace is finished price will at least re test the high at $1.85c and possibly break out again.
DYOR
technical analysis
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 (20min delay)
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $75.55M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $143.8K | 8.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 659099 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 4303569 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BTR (ASX) Chart |