In addition to Sketchingdan's daily chart, here the updated w1 chart (every candle represents 1 week), which shows there are 5 resistance points in the vicinity (in this order):
1) the 38.2 fib (which held on 2 previous occasions)
2) the $17.00 mark (representing a previous high late 2008)
3) bottom trendline of a downward channel
4) bottom trendline of a longterm upward channel
5) the 200 exponential moving average (purple line)
Take your pick.
I know I have been bullish on JBH since mid-March with no real breakthrough to show for it, but with this much support right underneath the current price I can't help expect a reversal in the very near future. What does sometines happen with stocks that have been sold off for a while, is that the lowest support (within a cluster of support points) is the one that holds.
Cheers
Hans
w1 chart update, page-16
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Last
$80.59 |
Change
-1.410(1.72%) |
Mkt cap ! $8.811B |
Open | High | Low | Value | Volume |
$81.09 | $81.71 | $80.10 | $31.55M | 391.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 275 | $80.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$80.67 | 671 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 275 | 80.530 |
1 | 1470 | 80.460 |
2 | 1470 | 80.370 |
1 | 3182 | 80.320 |
1 | 1470 | 80.280 |
Price($) | Vol. | No. |
---|---|---|
80.670 | 671 | 1 |
80.730 | 569 | 1 |
80.780 | 945 | 1 |
80.820 | 600 | 1 |
80.860 | 1031 | 2 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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JBH (ASX) Chart |