Cut the loss of -$50 straight into 28.5 this has been one of the shittest charts I ever saw. I guess I expected too much out of this supply laden chart. Was in at 31c when this news release came. I thought I got a decent price on what could be an earnings winner. Considering prices have reacted with a sell off, as great as the numbers appear the REACTION TO THE NEWS IS AN EARNINGS LOSER! I bailed. 27c is coming but not at the expense of losing $200 there. Good luck holders. Will eventually do a bounce into a resistance but not enough to take me out as a winner.
Infact this is going to end badly when they break down below the 200 EMA. I read this junk wrong. Looked like one frustrating chart when I first looked at it and was betting on some form of a short squeeze as that has been the main market catalyst especially on a good news announcement....Also, since the chart did look toppy my initial instinct was to want to short it, BUT an EARNINGS WINNER is what I thought this was! Therefore I was scared to go against what intuition showed me....When it can't do what it should have done by all means, then this is definitely a very weak stock. I am short biased now. Should take out good stops below 27c if so NEW TARGET IS 21c attached is a Daily. Notice the strong toppy action threatening a breakdown?
SENTIMENT SELL CLEAR RISK LEVEL IDENTIFIED i'll feel so much better for cutting this when I see it tankPeak Asset Management just locking in too much profits from their free cheaply issued oppies. Scums
- Forums
- ASX - By Stock
- BCC
- Ann: Beam Records Double-Digit Growth in Half 1 Revenue & Profit
Ann: Beam Records Double-Digit Growth in Half 1 Revenue & Profit, page-27
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCC (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.25M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.5¢ | $8.828K | 53.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 56754 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 8999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56754 | 0.165 |
1 | 30000 | 0.150 |
2 | 125947 | 0.145 |
1 | 7407 | 0.135 |
1 | 8695 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 8999 | 1 |
0.180 | 22662 | 2 |
0.195 | 7500 | 1 |
0.200 | 25000 | 1 |
0.220 | 40000 | 1 |
Last trade - 15.28pm 02/08/2024 (20 minute delay) ? |
Featured News
BCC (ASX) Chart |