MPL 1.16% $2.56 medibank private limited

MPL Health Chart

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    Based on chart,

    1. We have been accumulating at the level since Jan 17 till now, about 4 months of ranging $2.70 -$2.90

    2.  Broke out of the 9 months down trend line(red) since May 16 till Feb 20.

    3. After we break out, have been accumulating sideway at $2.80 to $2.90 while NIB rocket up and break highs.

    4. $2.89 have been a strong resistance line for sometime and last Friday, it break up with volume.

    5. The next price resistance should be at $3.00 region and subsequently at $3.26(record high)

    6. If bullishness continue, $2.90 will be a good support base, else $2.80 will be the key support.

    Inputs and comments welcome. My simple reading based on chart.

    Cheers
 
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Last
$2.56
Change
-0.030(1.16%)
Mkt cap ! $7.050B
Open High Low Value Volume
$2.59 $2.60 $2.54 $21.01M 8.218M

Buyers (Bids)

No. Vol. Price($)
1 224 $2.55
 

Sellers (Offers)

Price($) Vol. No.
$2.56 560365 12
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Last trade - 16.10pm 25/09/2020 (20 minute delay) ?
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Last
$2.54
  Change
-0.030 ( 1.52 %)
Open High Low Volume
$2.60 $2.60 $2.54 1929677
Last updated 15.59pm 25/09/2020 (live) ?
MPL (ASX) Chart
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