Technical Analysis

[SiDEvans]

All things considered we held up well. I’m seeing today as a win. Even though our share price may have decreased I think we can safely say that the average level of intelligence of holders has increased. I’m calling that green.

 

[cosors]

OTC is up >4%

 

[Fullmoonfever]

So couple of updated charts as at EOD today.

Same as prev (3 hrly & D) but also a simple weekly view and a zoom daily showing todays doji into resist & what could mean if confirms.

All major underlying bias is bullish imo however we need that next break with vol supp to confirm the move from the last few months basing.

I've seen talk of a C&H elsewhere but imo this right side of the cup will need reach into 1.40 - 1.50 for the handle to then form.

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Time for quick (AM) post of prev charts.

Won't go into comments too much as can view prev charts and follow along hopefully.

 

[Fastback6666]

Can an insto please just push this quickly past to $1.23 to get past the fake wall.

Then we can get into some blue sky fun!

 

[Fastback6666]

Can an insto please just push this quickly past to $1.23 to get past the fake wall.

Then we can get into some blue sky fun!

Yay, walls being knocked down.

Here comes Wave 3. Exciting

 

[Fastback6666]

Let’s see what the after run brings in before the AGM tomorrow.

I am thinking it may well go over and close above $1.30. Popcorn time.

 

[TheDrooben]

Testing new support @ 1.22 good sign if it holds imo

 

[mkg6R]

anyone able to give us a TA update? thanks in advance

 

[Deleted member 118]

Testing new support @ 1.22 good sign if it holds imo

Testing, tested and trounced

 

[TheDrooben]

Testing, tested and trounced

Yep got smashed through support in the afternoon session......still holding within the channel and 20 day sma still moving toward 100 day sma. Interesting few days/weeks ahead

 

[Fullmoonfever]

Time for quick (AM) post of prev charts.

Won't go into comments too much as can view prev charts and follow along hopefully.

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Off the back of prev charts.

Some updates with couple new notes in green except the C & H chart as this has been mentioned as a poss pattern forming (yellow & green notes).

 

[Deleted member 118]

P

Off the back of prev charts.

Some updates with couple new notes in green except the C & H chart as this has been mentioned as a poss pattern forming (yellow & green notes).

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What next?

 

[TheDrooben]

Been recovering from an eye procedure but chart not looking flash according to my basic charting skills.....broken through support and bottom of the channel. MACD also crossing to the downside. Now needs to find new support level. FMF might have more insights as to what that support could be.

 

[Fastback6666]

That last little bit of support bounced off $1.00 so hoping we can stay above that would be nice. In the end the SP is going to do anything until we start to see more confirmed deals and dollars arriving in bank. It would be nice to think the ARM deal on top of everything else has value and keeps us up at a $1 minimum and moving higher.

 

[KMuzza]

Yak/ FMF/ FallKnife/ TDrooben- Dolci- and anyone else who has access to broker data- can you let us know the
WHO / WHY/WHERE/WHAT and Insto’s who were causing the SP to drop this week- thanks in advance

 

[Fullmoonfever]

Yak/ FMF/ FallKnife/ TDrooben- Dolci- and anyone else who has access to broker data- can you let us know the
WHO / WHY/WHERE/WHAT and Insto’s who were causing the SP to drop this week- thanks in advance

Hey KM

Don't have broker data unfortunately...haven't subscribed for it as yet.

Not much of chance over the w/end to review my prev charts fully and busy with work but a simple single one below as quick update.

Tried keep fairly simple & clean to make bit easier to read.

 

[cosors]

Germans, buy! The spread (?) has never been so favorable and that regardless of which Australian share. Normal are 5%. The straight are peanuts, I have not yet seen

 

[Fastback6666]

I am loving that massive buyer wall at $1.10.

Over a million wanted at $1.10...hungry hungry insto’s want this stock as cheap as possible.

They know in the long term any price under $3 is a bargain.

 

[Labsy]

I am loving that massive buyer wall at $1.10.

Over a million wanted at $1.10...hungry hungry insto’s want this stock as cheap as possible.

They know in the long term any price under $3 is a bargain.

I have contributed a tiny brick in that wall!
Akida Ballista!!!

 

[SiDEvans]

Share price analysis for BRN ASX 200: The shorters and institutions are driving the quad bike for a cheaper price,
but when its time to buy the stock price flies.

Do any of the wise heads here know how many will need to be bought once we hit the ASX200?