STM2S, very nice chart and agree to some extent with your points. The price breakout last night certainly wasn't associated with a substantial rise in volume, as you might expect at the end of trading pattern. The shorter term pattern equated to a symetrical triangle, which is now giving way to a decending triangle. In my opinion, it's looking more bearish.
Might still be a bit of trading room before the bottom drops out, but I'm out of the market until I have confirmation of a direction, eitherway.
cheers
Sag
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 (20min delay)
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Last
$6.83 |
Change
-0.010(0.15%) |
Mkt cap ! $4.586B | |||
| Open | High | Low | Value | Volume |
| $6.86 | $6.86 | $6.72 | $6.481M | 954.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6861 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 4800 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |