ASX stock Analysis BID

ASX stock Analysis BID

Time Frame : Weekly Chart

Watching for BUY Entry Setup

BID is making its way higher off the 0.93 zone but having a bit of trouble pushing up through the 1.20 area. The way it has worked higher longer term off the big flush down in March, is supportive of a move up through to new highs above 1.40. Buyers still have some work to do ideally to hold price above 1.10 to drag in more buyers for a break of 1.20. Watching for minor higher lows to hold with volume for the entry setup.

Stock : ASX stock BID

Current Price : 1.14

Status : On watch for a move above 1.20