stu71
IMO ASB is a great Aussie company. Recently it recovered from $1.77 to $3.48 - almost a 100% rise. IMO it has taken a breather since reaching $3.48 & as shown on the chart below. Having earlier sold off at $3.37 I am still awaiting a clear TA buy in signal.
Worth noting: As shown by the 300day Elliott Wave, SP retraced to the Fibonacci 61.82% level - followed by a dead cat bounce & since July8 has been range trading. 50:30 day Stochastic shows 'oversold' but without a buy signal as yet. DMI is kissing - uncertainty. The 300day EW also projects a rise to between $3.94 & $4.10 by Sept1. Volume has been falling away after March 19 & notably once the SP started to fall - loss of buying pressure rather than a massive selloff?
4YIO - NFA
is that a bottom i see, page-2
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 (20min delay)
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Last
$3.06 |
Change
-0.105(3.32%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.13 | $3.02 | $1.363M | 445.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 9758 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 4165 | 13 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
