I have never been a great fan of TA. If this happens I will sell the house, wife (can I do that?) and kids and buy up big time. $7.50 - give us a break.
From Commsec daily TA note.
"......Recognia has detected a "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Sirtex Medical Ltd (SRX:ASX). This bearish signal indicates that the stock price may fall from the close of 14.37 to the range of 7.50 - 8.75. The pattern formed over 76 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis....."
What a load of crap.
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.27M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.5¢ | $2.587K | 14.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 6407725 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1792238 | 19 |
View Market Depth
| Last trade - 13.11pm 31/07/2024 (20 minute delay) ? |
| SRX (ASX) Chart |