I'm sorry but the way this game works is if the S&P crashes like it currently is the big boys will sell off their holdings.
It's a domino effect and the last ones holding who take the full brunt of the pending onslaught are the retail fundamentalists.
I really like BRN but it's like sailing a boat in a storm.. the storm if strong enough will sink the boat.
By the way the weekly chart is screaming sell on the S&P500 and it's broken support which the last time this occurred was at the beginning of the pandemic.
I believe the crash that's coming is going to be massive.
Check out my weekly chart below, the price has broken a major support level and I'm expecting a potential recovery bounce around 3400.
If you have a lot of money in stocks you need to be afraid.... VERY VERY AFRAID.
Why I've sold all my BRN... and all my other Stocks, page-12
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $454.7M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $2.351M | 9.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 212207 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 372207 | 12 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
-0.005 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 25.0¢ | 24.0¢ | 7464422 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| BRN (ASX) Chart |