My Elliott Wave count for BML. BML is in a falling wedge pattern that looks close to completing the wave 2 correction with positive divergence in the MACD and RSI. A break of the upper red trend line projects a target of 28/29c which is the falling wedge projected target which also coincides with the lower area of the blue box which is a Fibonacci projected target for wave 3. The upper level of the box for wave 3 is 38c.
The (e) wave channel sits at 9.3c but does not have to hit this price but could break below 9.3c producing a false breakdown of the wedge before reversing and heading higher and breaking out, which would be extremely bullish.
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $22.63M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.5¢ | $50.99K | 517.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90572 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 46034 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90572 | 0.096 |
3 | 85995 | 0.095 |
1 | 63829 | 0.094 |
3 | 58131 | 0.093 |
1 | 8000 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 46034 | 1 |
0.098 | 100000 | 1 |
0.099 | 32500 | 1 |
0.105 | 252079 | 3 |
0.110 | 128846 | 4 |
Last trade - 13.36pm 24/06/2024 (20 minute delay) ? |
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BML (ASX) Chart |