Looking at the S&P500 the price broke through a major long-term resistance level and I now believe the price is going to pull back into the mean range.
The price will break back into the long-term resistance and bounce off previous resistance at 3400 and re-establish the long term resistance back into play again.
3400 by June and then we shall see the market go crazy again for a long-term uptrend for years to come.
All above is just my thoughts and angle on the situation nothing more.
BRN will hit 60¢ in June and $3 by year close is my prediction. Easily a $10 company in a few years.
Looking at the S&P500 the price broke through a major long-term...
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.3¢ | $7.637M | 34.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 503753 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 196385 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |