BML 3.33% 8.7¢ boab metals limited

Big New Sell Depth, Where Did the Buyers Go?, page-15

  1. 2,207 Posts.
    lightbulb Created with Sketch. 399
    False.

    Called the panic sell off into the 5.9c bottom. Jumped on the reverse trade for 80% profit before it hit the Weekly Swing Close Major Trend line.

    The 52 week MA and Old Support @ 16.5c are keeping it pinned. The 2 Year MA (blue) is an ominous level because it is right on the Major Trend line, recent tops, 618 Major range around 20c. Might be good for a small incremental low probability trade from here, but until it breaks out on fundamental news (none due), then it will remain poorly placed as an investment.

    A thing of beauty. Still no break out on BML despite Silver and Gold's ascent. Why? No progress on off-takes or finance.

    https://hotcopper.com.au/data/attachments/6108/6108539-6f470531043d3dc4f258a36c8922eefb.jpg



    Last edited by JoeSalami: 17/04/24
 
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Last
8.7¢
Change
-0.003(3.33%)
Mkt cap ! $20.30M
Open High Low Value Volume
9.2¢ 9.2¢ 8.7¢ $68.04K 764.4K

Buyers (Bids)

No. Vol. Price($)
1 4000 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 9607 1
View Market Depth
Last trade - 15.59pm 28/06/2024 (20 minute delay) ?
BML (ASX) Chart
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