Of course it will bounce. There is a built in 10% stop loss and retail panic margin at a guess. Pnn closed the doors on its whole U project and fell 40% Friday but held up today. compared to PNN we are ridiculously oversold so the absolute no brainer scenario would be no further drop. Anyone selling at the peak of the drop is nearly always throwing money away, thats the time to buy. FEAR = BUY. I did at close probably more than I should have :-)
historic probability of sp bounce = 100%. , page-4
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Last
$3.15 |
Change
-0.040(1.25%) |
Mkt cap ! $563.4M | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.23 | $3.05 | $1.821M | 578.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1838 | $3.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 2842 | 1 |
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| Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |