Broo (BEE)

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Broo (BEE): Signals

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TECHNICAL ANALYSIS SUMMARY

Broo: The current Fibonacci Retraction levels are:
(23.61%) $0.13
(38.2%) $0.14
(50%) $0.14
(61.8%) $0.14

The current support levels are:
(78.6%) $0.15
(100%) $0.16
(138.2%) $0.18
(161.8%) $0.18
(261.8%) $0.22
(423.61%) $0.29



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: Broo (BEE.AX)


Stock Exchange: ASX
Company: Broo
Ticker Codes: | BEE.AX | ASX:BEE |

About Broo (ASX:BEE):

Broo Limited produces and distributes beer in Australia and China. It operates through Hospitality, Australian brewing, and Chinese brewing segments. The company offers beers under the Broo Premium Lager and Australia Draught names. It serves hotels, liquor stores, restaurants, and other licensed premises through wholesalers. The company also manages pubs and boutique brewery venues. Broo Limited is headquartered in Mildura, Australia.

Top 10:

Fibonacci Retracements

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