Just a quick follow up....
The price was bouncing along support BUT looking at my chart below the price has broken the local support, retraced and now flipped the previous support into a resistance.
This is called the support flip to resistance pattern and is bearish... ( I said this would happen in a previous post)
The price will now bounce around horizontally for a bit till it hits my target area... WEGIAN BOTTOM
BUT I will buy anything along the long-term support line as this for me is the ultimate bottom...
Any questions team just shout!!
Just a quick follow up....The price was bouncing along support...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $380.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.3¢ | $1.148M | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 165683 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |