Good eve folks,
Daily Chart here:
As you can see in the chart below, a decent amount of effort and money were wasted trying to break the downtrend since end of July.... in vain I'm afraid.....
2018 Outlook for the company and especially for the industry as a whole is showing clearly signs of weakness if not a potential breakdown if the Australian Housing Bubble finally pops either by China, USA, Europe, North Korea.... etc......
Large Black Candle formation this evening is ringing a bell of cautious here... only IMO.....
Stochastic... the best Oscillator around IMHO, is also amazingly aligned and running with same energy and maths.....
$4.03's are coming..... and when it breaks it clean.... I believe that it's energy will be multiplied by many times as the Downtrend continues with force..... If the Australian Housing Bubble finally pops, than we will see this Share Price half in very short time IMHO..... only opinion......
Enjoy the Daily Chart Below:
Cheers
T10
Shorting the Housing Bubble in Australia, page-163
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Last
$5.15 |
Change
0.000(0.00%) |
Mkt cap ! $12.74B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.21 | $5.12 | $37.27M | 7.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 311570 | $5.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.16 | 16163 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SGP (ASX) Chart |
