Hi friends,
Here is a chart update of BMN as at last Friday's close to provide a general idea of how the stock is doing technically at present.
There is a chart pattern, commonly called a BAT which is seen, occuring during an oversold location, with the following geometric measurements, for those technically inclined:
Completed Pattern info:
XA = 0.31
AB = 0.17 (0.55% of XA)
BC = 0.135 (0.79% of AB)
CD = 0.215 (1.59% of BC)
AD = 0.215 (0.81% of XA)
DE = 0.03 (0.14% of CD)
The completion of this BAT pattern at the price indicated on the chart generally provides grounds for some optimism because such a price pattern is seen to be a potential level for a rebound or retracement upwards soon as it is now oversold as can be seen from the chart. Imho, as long as there is no pattern failure ( price patterns are NOT guaranteed, they do fail ),it will not be amiss to watch for a hook up from the oversold area within the next few sessions....so let's watch.
May the best prices be yours,
dascore
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chart update - bat pattern in oversold region
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Last
$3.20 |
Change
-0.090(2.74%) |
Mkt cap ! $562.4M |
Open | High | Low | Value | Volume |
$3.29 | $3.29 | $3.16 | $2.337M | 726.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9251 | $3.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.20 | 19189 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9251 | 3.160 |
3 | 20412 | 3.150 |
1 | 315 | 3.130 |
1 | 1500 | 3.120 |
2 | 7000 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.200 | 19189 | 1 |
3.240 | 4600 | 1 |
3.250 | 8983 | 2 |
3.270 | 7000 | 2 |
3.300 | 13030 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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