Text me if you have any questions/comments for me.
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29M
- First time doing a written analysis on 29M
- Since IPO, the stock has had a nice uptrend except during the September slump that affected the overall ASX market too
- The short-term average is starting to be a strong support
- Today’s Bearish Pin Bar with average volume can be a concern
- Technically, the rebound is considered successful
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if comfortable with potential strong retracements
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29M
- First time doing a written analysis on 29M
- Since IPO, the stock has had a nice uptrend except during the September slump that affected the overall ASX market too
- The short-term average is starting to be a strong support
- Today’s Bearish Pin Bar with average volume can be a concern
- Technically, the rebound is considered successful
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if comfortable with potential strong retracements