BML 3.00% 9.7¢ boab metals limited

False.Called the panic sell off into the 5.9c bottom. Jumped on...

  1. 2,163 Posts.
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    False.

    Called the panic sell off into the 5.9c bottom. Jumped on the reverse trade for 80% profit before it hit the Weekly Swing Close Major Trend line.

    The 52 week MA and Old Support @ 16.5c are keeping it pinned. The 2 Year MA (blue) is an ominous level because it is right on the Major Trend line, recent tops, 618 Major range around 20c. Might be good for a small incremental low probability trade from here, but until it breaks out on fundamental news (none due), then it will remain poorly placed as an investment.

    A thing of beauty. Still no break out on BML despite Silver and Gold's ascent. Why? No progress on off-takes or finance.

    https://hotcopper.com.au/data/attachments/6108/6108539-6f470531043d3dc4f258a36c8922eefb.jpg



    Last edited by JoeSalami: 17/04/24
 
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9.7¢
Change
-0.003(3.00%)
Mkt cap ! $22.17M
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10.0¢ 10.0¢ 9.5¢ $37.10K 374.9K

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No. Vol. Price($)
3 30271 9.7¢
 

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Price($) Vol. No.
9.8¢ 44664 2
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