BML 7.14% 13.0¢ boab metals limited

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

  1. 2,104 Posts.
    lightbulb Created with Sketch. 364
    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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Last
13.0¢
Change
-0.010(7.14%)
Mkt cap ! $26.08M
Open High Low Value Volume
14.0¢ 15.0¢ 13.0¢ $102.6K 726.2K

Buyers (Bids)

No. Vol. Price($)
5 187207 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 70387 4
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Last trade - 13.30pm 21/05/2024 (20 minute delay) ?
Last
13.5¢
  Change
-0.010 ( 0.00 %)
Open High Low Volume
14.5¢ 15.0¢ 13.0¢ 592023
Last updated 14.09pm 21/05/2024 ?
BML (ASX) Chart
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