Technical traders would have seen this mark a strong support potential & would have been ready to buy.
Shorters would have taken $1.30 mark as a point to cover their shorts. The volume after it hit $1.30 was over 600k, so imo they were big buyers in the arvo.
Tomorrow it might try to test todays lows ... that generally is the litmus test of strength & support. If she goes down & buyers come in giving support, then todays hammer would be a "genuine" one, and will probably mark the bottom & signal a revearsal
cheers
chart signal, page-22
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.19 |
Change
0.230(7.77%) |
Mkt cap ! $569.7M | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.25 | $2.92 | $4.336M | 1.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4784 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 10307 | 1 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |