Hello everyone,
I have just purchased a decent sized bag of BRN at a price below 50¢, which was my intention after selling at the peak.
https://hotcopper.com.au/threads/why-ive-sold-all-my-brn-and-all-my-other-stocks.6545992/
I have been patiently waiting for an opportunity or a reason to buy in at these low levels, and upon analyzing the weekly chart, I noticed a favourable pattern called a falling wedge - breakout. Since reaching the top, BRN has been forming a significant falling wedge pattern, and this week we witnessed a confirmed breakout.
The price broke out and then retraced to validate the previous resistance as a new support level (refer to area A on my chart). This is extremely bullish.
I strongly believe that BRN has reached its lowest point and is poised to move upwards. With AI playing a major role in the market currently, I believe there couldn't be a better time to invest in BRN.
I am now a long-term holder, and this stock has securely found a place in my top drawer.
Wishing everyone the best of luck and good health for the future.
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Hello everyone,I have just purchased a decent sized bag of BRN...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 71948 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 644737 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 61948 | 0.200 |
27 | 1584851 | 0.195 |
39 | 2156074 | 0.190 |
57 | 2111342 | 0.185 |
54 | 1788124 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 629069 | 14 |
0.210 | 653969 | 10 |
0.215 | 362171 | 9 |
0.220 | 888678 | 24 |
0.225 | 453731 | 11 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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BRN (ASX) Chart |