BGA 1.71% $5.34 bega cheese limited

BGA chart, page-6

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    bga_ax18may12_to_01may20.png Hello Sabine.....you subductive, orogenous person you.
    Just having a peek at the BGA chart over my coffee and croissant.
    The WEEKLY BAR chart above shows the price action from June '12 onwards and since the high of $8.13c. on (w/e) 24/12/15 any attempt to rally back above the linear regression line has been rejected. A triple top was also generated (red arrows). bga_ax04dec15_to_28nov19.png The DAILY BAR chart above shows the price action from Dec.'15 onwards with most of the recent price action whipsawing around the lower lr line.
    $6.75c. is a significant (horizontal) support level and for a resumption of the PRIMARY up trend the BGA share price needs to break back above the lower lr line and there after a newer high above $8.15c.
    You will note from the chart that the lower median line and lr warning line are almost one and the same........... very SOLID support trend line(s).
    Cheers.
 
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Change
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BGA (ASX) Chart
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