Hi J, I have included a chart the white dash lines are RSI which showed a strong bear signal (divergence) before the decline, identified by the red line.
The chart is the weekly chart over 3 yrs. The up-trending channel is within the green trend lines and was broken on the last week of trade indicated by a circle.
Also included are pivots 11.90 next area of support and then 11.34
Aug 2016 high double topped with Dec 2015 high.
There is no high volume bar at the peak to show a major top, probably at this point the only green light I could find.
Of course this is all based on my humble opinion and open to view yours.
SUN - Time to Buy??, page-119
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 (20min delay)
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Last
$19.70 |
Change
0.030(0.15%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.59 | $19.71 | $19.48 | $35.18M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2065 | $19.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.70 | 80233 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
