BP8 0.00% 0.3¢ bph global ltd

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  1. 891 Posts.
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    The selling seems to have slowed down, There were some big sell orders in at .005 a few days ago on it's first day back trading as it tested .004 briefly. I tend to look for stocks that find themselves in this kind of situation, biggest loser of the day, dropped to below a recent raise price with a big gap left on the chart from .013. The smaller sell orders at .005 have been taken yesterday (I took some more) and there seems to be a great reluctance to sell into .004. Stocks at these levels offer 20% per pip up from here which is quite attractive, if business can turn around from here it could offer some massive gains for brave investors/traders. It will most likely be a slow morning with the RBA decision due this arvo, there seems to be a pretty optimistic feel around about it, we will soon find out

    There are a couple of gaps on the chart, the big gap at .013 and a small one at 06.8. It is sitting in grossly oversold territory outside of the bollinger band
    https://hotcopper.com.au/data/attachments/5175/5175214-3c67f818220766bf5a4be0bf1ab60bc0.jpg

    https://hotcopper.com.au/data/attachments/5175/5175209-684125ab50fa7f494e53e5dca9ff2fb2.jpg

    My chart is showing a high just shy of 1.00 which is an outrageous target but it ok to dream haha
    https://hotcopper.com.au/data/attachments/5175/5175260-e25de027fb402062e170c0e126de0713.jpg
    I'm hoping to see some announcements soon of reconnecting supply chains and expanding cultivation sites, that could turn this around very quickly from what appears to be the bottom...
    GLAH
 
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Change
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Mkt cap ! $1.189M
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0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 5986369 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 7715071 9
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Last trade - 16.14pm 12/07/2024 (20 minute delay) ?
BP8 (ASX) Chart
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