BMN 2.74% $3.20 bannerman energy ltd

positive lead from canada, page-3

  1. 1,381 Posts.
    Me too tibbs. I have bought back a little of what I sold at 45, on top of what I'm holding from 45.

    If we can hold this price for close or near it there should be a buy signal coming out of a lot of technical indicators which will bring in more buying volume. I know aussie bulls will trigger a BUY-IF if we close at or around 34.5c

    Sell volume already looks like its starting to thin out ahead of anticipated buying.

    Technical Signals for me are all in alignment:
    - Bouncing off 3 days below the bottom bollinger
    - Bottom bollinger starting to turn up
    - MACD has touched and is heading back up
    - Stochs pointing up
    - Parabolic SAR should turn green tomorrow
    - Volume up in line with buying after repeated low volume down days

    In addition to that
    - Workers are able to go into fukushima
    - U spot price has bounced off 54/lb
    - BMN OPEX is BELOW $40 @ $38
    - BMN has one of the lowest EV/lb on the market
    - EXT offer hasnt been taken off the table
    - Namibian situation seems to have calmed down

    If youre not buying now, I dont know why you arent!
 
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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
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
BMN (ASX) Chart
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