The narrowing Bollinger bands infer a break-out in the next couple weeks.... As it's hard to see the breakout heading south based on fundamentals, I expect when a few short-term holders have taken their profits along a stable 0.40-0.42 we may see a re-rate with new support in mid 45s.
Happy for an experienced chartist to tell me how narrow and naive this reading is (if you give me some reasons as well!)
The narrowing Bollinger bands infer a break-out in the next...
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Last
$1.49 |
Change
0.013(0.84%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.49 | $1.791M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6635 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 50038 | 35 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
