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
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $491.8M |
Open | High | Low | Value | Volume |
27.5¢ | 28.5¢ | 26.5¢ | $1.133M | 4.179M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 840233 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 359495 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 819733 | 0.265 |
44 | 1114056 | 0.260 |
21 | 426895 | 0.255 |
67 | 2492507 | 0.250 |
11 | 398600 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 359495 | 4 |
0.275 | 495167 | 11 |
0.280 | 991362 | 17 |
0.285 | 602548 | 11 |
0.290 | 1483715 | 20 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
  |
Change
-0.010 ( 2.73 %) |
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Open | High | Low | Volume | ||
28.0¢ | 28.5¢ | 26.5¢ | 2892314 | ||
Last updated 15.58pm 15/05/2024 ? |
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BRN (ASX) Chart |
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