BMN 4.90% $3.30 bannerman energy ltd

broke resistance, page-16

  1. 12,455 Posts.
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    KR

    The gaps dont worry me much .. I only posted that for those who worship at the "gap" altar!

    :)

    Technically their are gaps in most stocks that are in a rising phase ... EXT has about 3 or 4 in its climeb ... I doubt that anyone is too worried about them!

    BMN has a technical gap between 78 cents & 79, on March 23, that was never properly filled.

    In reality quite often the market is content if the gap was ATTEMPTED to be filled ... The long tail on the candle for July 15 might well have been that attempt.

    Too early to tell what will happen, as we have the DOW & other issues that could affect BMN, but the buyers keep coming. Management doing an awesome job, and BMN is ticking all the boxes required, and is being DE-risked day by day!

 
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