BCC beam communications holdings limited

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14.0¢

would be interesting to see a update on BCC 2 months on now...

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Teddyward

10,039 Posts.

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12/05/20

10:03

Post #: 44566825
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Originally posted by nihilism: ↑

Current Chart:

Features - As you can see, stock generally likes to keep within a slight uptrend over the last year. Whenever it was outside of the trend, it also was outside the 20 bollinger bands, suggesting that the stock illiquidity had exaggerated the moved (see June 2019, Nov 19 and recently in Feb 20) but each time it has also quickly (within 5 trading periods) gone back into the trend and moved the bollinger back into the trend also.

RSI - I've done a trading period of 7, as this stock is illiquid it reacts quickly to momentum indicators (as opposed to an RSI 14), as you can see, RSI currently is sitting nicely in the middle of the range, after crossing below the 50 and 200 SMA and hitting the bottom of the trend then bouncing up.

It has crossed the 200 SMA already, which formed a base of the candle last 2 days, and now it is coming up to crossing the 50 day SMA, which if you look at previous movements, has been a good leading indicator (significant crossings look at beginning may 2019, june 2019 (cross up and the back down, starting a multi-month downtrend) and november/december 2019, where the crossing formed the beginning of this year bull trend).

Recently, the cross down also lead a strong move to the downward side in early Feb 2020. If we can cross back up, we may see this back in the 30's, heading towards the high, or being range bound while RSI catchs up and the SMA 50 bounces off the SMA200

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would be interesting to see a update on BCC 2 months on now trading in a different environment with worldwide lockdowns and no real details on sales. Very hard market

Last edited by Teddyward: 651 12/05/20

BCC Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 14.0¢		Change 0.000(0.00%)		Mkt cap ! $12.09M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	31014	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	35000	1

View Market Depth

No.	Vol.	Price($)
1	31014	0.120
3	34381	0.110
1	20000	0.095
1	250000	0.093
0	0	0.000

Price($)	Vol.	No.
0.130	35000	1
0.140	59284	2
0.145	96500	1
0.150	16767	1
0.155	30694	1

Last trade - 16.21pm 24/06/2025 (20 minute delay)

BCC (ASX) Chart

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would be interesting to see a update on BCC 2 months on now...

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would be interesting to see a update on BCC 2 months on now...

Top Stories

ASX Market Close: Virgin soars on IPO | June 24, 2025

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