BML 4.17% 12.5¢ boab metals limited

Here is the daily chart (I personally don't relay on daily...

  1. 653 Posts.
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    Here is the daily chart (I personally don't relay on daily charts) .

    Green circle, the is doji appeared yesterday  which is a transitional Candlestick formation, signifying equality and/or indecision between bulls and bears. A Doji is quite often found at the bottom and top of trends and thus is considered as a sign of possible reversal of price direction.  As always it's good to take the next day into account to see where the market direction is going.

    Black circles, this was the confirmation of the reversal from last weeks week sell off. And great white long candle showing that the buyers were back and they weren't holding back.  A change in direction in the MACD to nearly possitive, a up swing in the stochastics from an over sold position. And lastly and more importantly a increase in the volume which is the best indicator.

    chart.png

    The direction is with the buyers here, without a doubt.

    The weekly and monthly charts are all still in there up trends (I'll post later).
 
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Last
12.5¢
Change
0.005(4.17%)
Mkt cap ! $25.07M
Open High Low Value Volume
13.0¢ 13.5¢ 12.5¢ $103.2K 797.0K

Buyers (Bids)

No. Vol. Price($)
3 87992 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 90145 2
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
13.0¢
  Change
0.005 ( 8.33 %)
Open High Low Volume
12.5¢ 13.5¢ 12.5¢ 438817
Last updated 13.34pm 28/05/2024 ?
BML (ASX) Chart
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