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20.0¢ bwx limited

Interesting $47,000 buy just now at the chart bottom ;)

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avagadro

13,155 Posts.

1272

17/08/18

14:24

Post #: 34997582
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Originally posted by manny100 ↑

There is a down gap to fill at $4.615 and as the trend is down it will be filled.
Good news will see the fairly recent over head gap at $5.54 filled. If the offer succeeds it will be straight to $6.60.
If the offer is rejected and the outlook is good followed by some good growth initiatives then the overhead gap at $7.22 will be a target and eventually filled.
It is amazing how often gaps are filled. There is no magic involved. Its just simply because like markets stocks go up and down and nothing in markets lasts forever. A run of bad news sees gaps below filled. The subsequent turnaround and good news sees overhead gaps formed by the preceding down filled. And on it goes.

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Interesting $47,000 buy just now at the chart bottom

BWX Price at posting: $4.80 Sentiment: Buy Disclosure: Held
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0 Great analysis

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