Double bottom in place now, basic charting....to me that signals a target of 6.98 but there will be selling off and profit taking around/before then. Weekly looking good. I dont rely on charts I just use them to confirm what my gut says. Some pretty big resistance pushing up to $4 but that should occur right around the time of some pretty damn hot news pumping out for BMN. Weekly MACD, directional and RSI all looking good. It appears the US may be on the way to recovery as all the bad sheet was priced in. ASX seems to have a beta greater than 1 when compared to dow so looks good on the up and up.
Like has been previously said, the U price recovery will do wonders and alot of 'quality specs' heating up.
Good wishes to all.
PS nice work too with MAK and BCI tibbs/chris!
Go the MAN!!!
4.00, page-3
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Last
$3.33 |
Change
-0.200(5.67%) |
Mkt cap ! $594.7M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.50 | $3.32 | $2.134M | 629.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.35 | 7300 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BMN (ASX) Chart |