Brambles - Wedge/Triangle Pattern has to be respected

Brambles is one to keep an eye as the range tightens inside the triangle pattern. breakout is coming soon.

Which way it breaks your guess is as good as mine, however, if we go off the last decade of BXB chart patterns we should see a bullish breakout.

Additionally, Todays trading update: www.asx.com.au/asxpd...f/44vrfrkznqxtkq.pdf looks promising.

評論:

Yesterdays report looked very solid, which backs up the strong follow through break of BXB triangle to the high side. Chart for some reason is glitching and shows a down side break of triangle (which never occured). Anyway this looks like it is headed a little higher just yet.
Report:
www.asx.com.au/asxpd...f/44zddv7hr93k7t.pdf