@dolci
I am an amateur chartist. Happy to share images for discussion.
I think you could draw resistance lines in so many places on this chart, but for me resistance is not a straight line - rather an upper and lower limit within a channel of the trend.
We both see short term resistance around 6.5c. We have both obviously thrown our hard earned into BRN recently (you should try and remove the buy and sell marker from your charts).
Once the price closes above the solid red line (uptrend resistance) and the 200 day SMA (dotted blue line) - that signals a potentially significant breakout. I find Fibonacci less helpful in this timescale, but it is interesting how often the turning points are respected. Note that the 'gap' at 5c from May has been filled. Happy to accumulate 5 - 5.5c awaiting the breakout. Stop loss at 4.9c
- Forums
- ASX - By Stock
- Where to from here?
@dolciI am an amateur chartist. Happy to share images for...
-
- There are more pages in this discussion • 862 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
21.5¢ |
Change
0.025(13.2%) |
Mkt cap ! $401.6M |
Open | High | Low | Value | Volume |
18.5¢ | 22.5¢ | 18.5¢ | $4.334M | 20.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 82000 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 136156 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82000 | 0.215 |
5 | 1721287 | 0.210 |
15 | 415054 | 0.205 |
24 | 910175 | 0.200 |
10 | 711457 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 136156 | 3 |
0.225 | 547529 | 13 |
0.230 | 1542669 | 16 |
0.235 | 218321 | 8 |
0.240 | 125000 | 8 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online