BRN is putting in a series of successful higher highs and higher lows in price. *Ascending channel which is a healthy sign. Strong demand present at the 17c trendline. big fight for control over price at 17c anything under may be oversold.
short term
Supply - 20c followed by 25c
demand 17c
(if we break down it could be bought back up quickly I will be careful of any shake outs here as it appears pros are buying not selling and you know their games when they want cheap shares. It's called manipulation.
Latest broker data shows all Goldman and other instos with net buying at the end of the last business day this data is available for *3 business days*
As can be seen with FinEx and Macquarie and bridges all had higher short volumes data going back to the 1/11/23 which is being covered as per latest report below 1 million now.
More bullish then bearish shorts covering and turning to buyers will have more data as it comes on hand.
Thanks, happy new year as BRN revolutionises technology as we know it.