Clear breakout of the wedge formation, on chart & volume as shown.
Next target is the $1.30 ... should fall easily
Then its the $1.40 ... now after the buildup, improvement in sector, increase in spot price to $51, and closeness to share deal, this shouldnt be a big barrier
After that the potential target is $1.80, which is the same height as the flag pole on the wedge, and was the level of brief support back in July 08.
The bull is back!!!
:)
breaking, page-24
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Last
$3.07 |
Change
-0.080(2.54%) |
Mkt cap ! $539.6M | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.17 | $3.07 | $1.471M | 474.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3298 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 16251 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |