Yes, eugeneb1, might get slaughtered now. SUN's SP seems to have reached a top, showing signs of reversal as it has broken downward after a period of uncertainty. The Diamond Top pattern began during the Snowball uptrend as SPs create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrowed after the highs peak and the lows started trending upward. When the price breaks downward out of the diamonds boundary lines, it marks a significant reversal to a new downtrend. SUN is now faced with a T/A problem, a Cyclone although Cape York based and a short term fall into the $12s, before recovering.
SUN chart, page-70
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 (20min delay)
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Last
$19.59 |
Change
-0.040(0.20%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.75 | $19.85 | $19.59 | $57.63M | 3.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 399 | $19.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.60 | 7000 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
